WeMo Scooter
Financials
Estimates*
USD | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|
Revenues | 2.7m | 3.4m | 7.5m | 7.5m | 7.5m | 4.3m |
% growth | - | 26 % | 122 % | - | - | (43 %) |
Date | Investors | Amount | Round |
---|---|---|---|
$3.4m | Series A | ||
* | $15.0m | Series A | |
* | N/A | Early VC | |
Total Funding | AUD28.4m |
Recent News about WeMo Scooter
EditWeMo Scooter operates in the urban mobility market, providing smart scooter rental services primarily in Taiwan and other major Asian cities. The company targets urban commuters and tourists who seek convenient, eco-friendly transportation options. WeMo Scooter's business model revolves around a shared economy, where users can rent scooters on an hourly or monthly basis through a mobile app. The app utilizes IoT (Internet of Things) technology and big data analytics to optimize scooter availability and ensure a seamless user experience. Revenue is generated through rental fees, with additional income from subscription plans like the Unlimited Riding Program and the Monthly Rent Scheme. The company emphasizes safety, professional maintenance, and cleanliness, operating 24/7 to meet the demands of its users. WeMo Scooter aims to revolutionize urban transportation by integrating advanced digital vehicle network technology and contributing to the development of smart cities.
Keywords: smart scooters, urban mobility, IoT, big data, shared economy, Taiwan, Asia, eco-friendly, rental service, subscription plans.