(NASDAQ:HLBZ HLBZW) Helbiz Inc. How A Micromobility Company Moves Employees With Uber
Summary
- Electric Scooter-Bike-Moped.
- Uber Green Mobility.
- 35 Cities Globally.
- August 2021-1st in its industry to List on NASDAQ.
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Transportation is the lifeblood of Helbiz , a growing electric scooter, bike, and moped share company founded in Italy. Since launching its first scooter on the streets of Milan in 2018, the company has expanded its micromobility solutions into multiple Italian markets, other European locations, and 8 cities across the US.
Helbiz has distinguished itself from a myriad of competitors from the beginning. In addition to e-scooters, app users can also choose from e-bikes and e-mopeds. The company recently introduced a subscription model that allows patrons to take unlimited 30-minute rides anywhere the service is offered. Helbiz is also designing its first e-scooter intended for sale .
While Helbiz employees work to revolutionize micromobility, they rely on Uber for Business to help them get from A to B. Because the company has offices in Milan, New York City, and Miami, and will soon in California, it needs a transportation service that is globally accessible to employees. By tapping into rides through the Uber platform, they’re able to move between business locations easily. This is especially useful when they can’t use Helbiz transportation or need to take longer trips.
Convenience and availability aren’t the only reasons Helbiz chooses Uber for Business. Like Uber, Helbiz counts sustainability as one of its core pillars, and Helbiz employees prioritize using Uber Green where that ride option is available. Booking hybrid or electric vehicles for their rides is another small step toward their overall environmental impact goals.
Helbiz CMO Ruggero Cipriani Foresio calls himself “a strong ambassador” for Uber. His role requires him to regularly travel from his home in Milan, and he knows he can always count on Uber to help get him where he needs to go. “It’s effortless,” he says. “I think it’s one of the simplest, most straightforward, problem-less applications. I very rarely have an issue, and I’ve used it everywhere.”
Helbiz office manager Alessandra Pollo echoed Foresio’s sentiments, saying that the ease and availability of the Uber app is the main reason employees use it regularly. “We don’t even rent cars anymore,” she says. “It doesn’t make sense. We’ll go to certain places and spend the day there, whether it be a warehouse or an office, and it’s just convenient to [request a ride]. It’s our go-to. The service is fantastic.”
Pollo’s responsibilities include monitoring employees’ Uber use and keeping track of monthly spending. Using the Uber for Business platform, she can easily view all employee activity in one place. “It’s interesting to be able to see where the [rides] start and end,” she explains. “It’s user-friendly and very easy to understand.”
After 3 years of growth, Helbiz shows no signs of slowing down. In August 2021, it became the first micromobility share company to be listed on Nasdaq. Wherever the company goes next, Uber for Business will be there to support its employees. https://www.uber.com/blog/customer-story-helbiz/
Research:
https://finance.yahoo.com/lookup/
With a Great Business Model-Helbiz looks to be a Long Play.
Short Terms Gains Potential have been realized recently. Yesterday the Share Price rose and closed @ 84% up or near $6.00
After a huge run up yesterday, premarket this morning it is retracing.
Rob
Robert E. Kreh-Principal
Small Cap Solutions, LLC.
(443) 567-2609
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