Turkey's BinBin acquires shared mobility platform GO Sharing

GO Sharing's supplier had entered bankruptcy at the start of this month.
Turkey's BinBin acquires shared mobility platform GO Sharing

Turkey's largest micro and shared mobility provider, BinBin, announced yesterday its acquisition of Netherlands-based e-scooter hire fleet GO Sharing to expand market share in western Europe.

The deal comes on the back of an eastern European growth campaign at BinBin mounted over the past four years.

GO Sharing hasn't had any of its shared mobility vehicles available since the start of February, when its main vehicle supplier fell into insolvency.

Following the acquisition, GO Sharing bikes will be back in the hands of commuters, tourists and leisure-seekers in need of a clean and trendy ride into town.

Better yet Bin Bin proposes to keep GO Sharing's operating structure, taking chances as they arise to exchange expertise and commercial leads. In addition to the Netherlands, GO Sharing had been active in Italy and Turkey.

BinBin has 25,000 of its shared scooters in fleets around eastern Europe, reaching 3 million+ users.

As Turkey's leading provider of electric shared transport, the team produces both hardware and software for the rental of electric shared mobility.

Kadir Abdik, BinBin CEO, said: "Sustainability and technology are central to our company. The dedication of our 500 employees to finding rational solutions to the transportation problems of growing cities has made BinBin Turkey's largest profitable shared transportation provider.

"With our expertise and that of GO Sharing, we are ready for the next step: we want to make shared mobility the standard across Europe.”

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