Ford Purchases e-scooter company Spin For $100 Million

Ford is buying electric scooter company Spin for $100 million, according to Axios. The Company has recently been reported that the acquisition cost $40 million, which is roughly what Spin was valued at after its Series A funding last year. Reuters reports that Ford has committed to making a $200 million investment in the startup. The deal isn’t the first time […]

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