MaaS Global Gets Much-Needed Funding, as It Continues to Navigate Difficult Mobility-as-a-Service Market
The CEO of MaaS Global, developer of the pioneering mobility-as-a-service app Whim, said the company’s latest capital infusion of €11 million (US$12.9 million), will help the start-up expand into a “selected markets” and provide capital for continuing operations.
MaaS Backers Believe New Mobility Platforms Could Help Transit Providers Win Back Their Customers’ Trust
With Covid-19 lockdowns causing mass transit ridership in many cities to virtually fall off a cliff–with such cities as London, New York and San Francisco reporting drops of more than 90%–transport providers worry that some riders may not come back, even after the pandemic ends.