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Benzinga

Business

Shivani Kumaresan

Helbiz Expands e-Scooter Offering To Australia

Australia HLBZ Helbiz, Inc. Nasdaq Asia Pacific region Queensland

Helbiz Inc (NASDAQ:HLBZ) has expanded its e-scooter offerings to the Asia Pacific region through a strategic trial with alloggio, a short-term rental accommodations operator in Australia.
The program will begin in June, deploying at least 100 e-scooters to alloggio guests and staff.
The arrangement will initially cater to get around popular tourism destinations initially in Queensland, Australia, with plans for expansion into other tourism hotspots across the eastern coast of Australia.
Price Action: HLBZ shares are trading higher by 6.54% at $1.14 on the last check Thursday.

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