Micromobility startups have struggled with profitability issues, which have been exacerbated by Covid-19. But these startups could see a post-pandemic rebound. We dive into what micromobility looks like around the world, leaders across the space, and obstacles that these transportation solutions are facing.
ByteDance, the China-based unicorn behind the video-sharing app TikTok, was recently valued at up to $140B. Now, the company is leveraging its recommendation algorithms to expand its portfolio in a bid to join the ranks of Big Tech.