Latin American micromobility firms merge to form Grow

Two micromobility firms in Latin America have joined forces to create a new outfit, Grow Mobility. Electric scooter company Grin, and dockless bike provider Yellow, have merged and say they plan to double their combined 135,000-strong fleet. Currently in six countries - Brazil, Mexico, Colombia, Peru, Uruguay and Chile - Grow will expand into “new markets”, the new entity says. For the moment, the companies are maintaining their separate apps and brands under the Grow holding company, and they hav
February 12, 2019 Read time: 2 mins

Two micromobility firms in Latin America have joined forces to create a new outfit, Grow Mobility.

Electric scooter company Grin, and dockless bike provider Yellow, have merged and say they plan to double their combined 135,000-strong fleet.

Currently in six countries - Brazil, Mexico, Colombia, Peru, Uruguay and Chile - Grow will expand into “new markets”, the new entity says.

For the moment, the companies are maintaining their separate apps and brands under the Grow holding company, and they have a combined staff of 1,100.

Grow will build its own proprietary digital payments platform, and says it is expanding its food delivery service though grocery platform Rappi, which has 20 million users.

“The demand for these everyday services across Latin America is huge and, by combining strengths and resources, we will be able to move quickly to serve more users,” says Jonathan Lewy, Grin co-founder and chairman of Grow.

Related Content

  • Optibus believes in unicorns
    May 17, 2022
    Bus scheduling specialist says it's first tech firm in public transport to achieve $1bn valuation
    Read More
  • Informal transport moves emerging megacities
    August 11, 2020
    If you want to get to work in emerging markets, the chances are you may not be using traditional public transit lines. Devin de Vries of WhereIsMyTransport makes the case for informal networks
    Read More
  • TM 2.0 boost TMC data feed and driver influence
    November 15, 2017
    TM 2.0 views connected vehicles and V2I as two-way communications channels, benefitting traffic management and drivers, as Alan Dron discovers. As connected vehicles are progressively rolled out there will come a point at which traffic managers and traffic management centres (TMCs) will have to gear up to cope with a rapidly-evolving road scenario. The TM 2.0 Platform (see box) is promoting a concept of new-generation traffic management (which carries the same TM 2.0 title) and is studying how future T
    Read More
  • Sub-five-mile 'light EV' trips on Lime's new app
    October 16, 2020
    Micromobility group is also adding a Wheels seated scooter to its own platform
    Read More

Highlighted Content