EV scooter startup Bird posts lower loss amid rapid expansion

FILE PHOTO: A smart phone app time-of-use electric scooter from Bird Rides Inc. is shown parked next to a sidewalk in San Diego, California, U.S., May 17, 2018. REUTERS/Mike Blake

(Reuters) - Bird Rides electric scooter rental company on Thursday reported a narrower second-quarter loss, with revenue soaring to above pre-pandemic levels as COVID-19 restrictions eased in major markets.

These are the last quarterly results the Los Angeles-based e-mobility provider will release before it goes public via a merger with blank-check company Switchback II Corp in a deal that would value Bird at $2.3 billion.