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Tier Mobility GmbH, corporate

Tier Mobility GmbH,

09.09.2019 - 16:24:21

TIER Mobility reaches 10 million rides as the first European provider

- TIER achieves milestone of 10 million rides in less than one year since start of business operations. - The Berlin-based company sets growth standards in the industry. - Since mid-October 2018, TIER, headquartered in Berlin, has expanded to around 40 cities in 11 European countries with over 300 employees. Berlin, 9 September 2019 - TIER Mobility, the leading European provider of micromobility solutions, announced today that it has reached the milestone of 10 million e-scooter rides yesterday as the first European company - less than a year after starting operations in October 2018.Lawrence Leuschner, CEO and Co-Founder of TIER: "We are very happy to have reached such a fantastic milestone as the first European company. It's just amazing to have so many loyal customers moving around emission-free in our cities. We are at the beginning of a massive disruption and are looking forward to changing mobility for good." +++ENDS+++About TIER Mobility TIER Mobility is changing mobility for good. The leading European company in the field of shared micromobility services is setting up the agenda for changing the way how people move in city centers. Together with public transport, the company is offering alternatives to the car, ultimately freeing cities from emissions and congestion. TIER Mobility started operations in October 2018 and operates today in more than 40 cities in twelve European countries. The company has its headquarters in Berlin and employs around 300 people. The company's founders are Lawrence Leuschner, Matthias Laug and Julian Blessin. TIER's investors come from Germany (Point Nine, Speedinvest), France (White Star Capital), Scandinavia (Northzone), Spain (Kibo), Poland (Market One Capital) and Portugal (Indico). In addition, there are individual investors such as Formula 1 world champion Nico Rosberg. Media contact TIER Mobility Bodo v. Braunmühl Director of Communications press@tier.app   End of Media Release Issuer: Tier Mobility GmbH Key word(s): Enterprise

09.09.2019 Dissemination of a Press Release, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

870747  09.09.2019 

@ dgap.de