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Tier and Dott to merge in new financing plan

Deniz Huseyin
08 February 2024
 

Financially struggling micromobility operators Tier and Dott have announced a preliminary agreement to bring the two companies together. It appears the deal has been hatched as part of a refinancing deal for the two firms who area both shared micro-mobility providers, in cities around the UK including London, Bristol, Bath, York, Milton Keynes and across Europe. Neither business has yet reached profitability . Tier was set up in Berlin, Germany in 2018 and Dott in Amsterdam, Netherlands, in...

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