U.S. markets closed
  • S&P 500

    4,577.10
    +64.06 (+1.42%)
     
  • Dow 30

    34,639.79
    +617.75 (+1.82%)
     
  • Nasdaq

    15,381.32
    +127.27 (+0.83%)
     
  • Russell 2000

    2,206.33
    +58.91 (+2.74%)
     
  • Crude Oil

    67.37
    +0.87 (+1.31%)
     
  • Gold

    1,769.70
    +7.00 (+0.40%)
     
  • Silver

    22.38
    +0.10 (+0.45%)
     
  • EUR/USD

    1.1306
    -0.0017 (-0.15%)
     
  • 10-Yr Bond

    1.4480
    +0.0140 (+0.98%)
     
  • GBP/USD

    1.3300
    +0.0023 (+0.17%)
     
  • USD/JPY

    113.1900
    +0.4100 (+0.36%)
     
  • BTC-USD

    56,823.30
    -301.73 (-0.53%)
     
  • CMC Crypto 200

    1,450.10
    +11.22 (+0.78%)
     
  • FTSE 100

    7,129.21
    -39.47 (-0.55%)
     
  • Nikkei 225

    27,753.37
    -182.25 (-0.65%)
     

Helbiz Shares Pop On Extended Partnership With Moovit

  • Oops!
    Something went wrong.
    Please try again later.
·1 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Micro-mobility company Helbiz Inc (NASDAQ: HLBZ), in collaboration with Intel Corp (NASDAQ: INTC) company Moovit, will expand the integration of its electric vehicles within the Moovit app. The financial terms of the arrangement remain undisclosed.

  • Moovit is a Mobility as a Service (MaaS) solutions provider and an urban mobility app creator.

  • Through this expanded partnership, Moovit users will access Helbiz's suite of micro-mobility vehicles in over 35 of its operating cities across the U.S. and Italy, followed by Spain, France, and Serbia in the coming months.

  • The two companies will work together to gather valuable mobility insights further to develop their shared vision of decreasing congestion globally.

  • Now Helbiz can easily integrate its electric scooters, e-bikes, and mopeds within the Moovit app, ultimately decreasing city streets' congestion. Moovit also notifies users when a Helbiz device is available nearby, noting how long it will take to walk there, an estimated cost of the trip, and the remaining battery range.

  • With services in 3,400 cities across 112 countries, Moovit provides its base of over 1 billion users with access to the most comprehensive urban mobility information in one app.

  • Price Action: HLBZ shares traded higher by 3.50% at $11.83 on the last check Friday.

See more from Benzinga

© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.