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HLBZ - HLBZ STOCK NEWS

Welcome to our dedicated page for HLBZ news (Ticker: HLBZ), a resource for investors and traders seeking the latest updates and insights on HLBZ stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect HLBZ's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of HLBZ's position in the market.

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Helbiz (NASDAQ: HLBZ) has launched its EMEA division, consolidating its micro-mobility, Helbiz Kitchen, and Helbiz Media services under one organizational structure. Matteo Mammì has been appointed as CEO of Helbiz EMEA, effective January 1, 2022. His extensive experience in media and telecommunications is expected to drive the company's growth in Europe, the Middle East, and Africa. This strategic move follows Helbiz's significant expansion activities throughout 2021, including acquisitions and the public listing on Nasdaq, aimed at enhancing operational efficiency.

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Helbiz Inc. (NASDAQ: HLBZ) has launched an innovative AI technology that mandates users to take a selfie wearing a helmet to unlock e-scooters, promoting safety in its micro-mobility services. This initiative includes providing free helmets to users in partnership with local businesses in Miami. The service enhances compliance with new city safety regulations and is a part of Helbiz's commitment to safer riding. Users can access the service through the Helbiz app, which charges a flat fee of $1, plus $0.35 per minute for rides.

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Helbiz (NASDAQ: HLBZ) is launching a fleet of e-scooters and e-bikes in Miami Lakes, Florida, following the acquisition of a 1-year permit. The initiative aims to provide sustainable transportation solutions, addressing local traffic congestion. Helbiz will engage in community safety events and offers a mobile app for rentals at $1 plus $0.35 per minute, with a subscription option available for $39.99 monthly. The company plans to employ local teams for operations and maintenance, ensuring quality service and community involvement.

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Helbiz Inc. (NASDAQ: HLBZ) has announced that it will exclusively broadcast the closing night of Miss Italia on its OTT platform Helbiz Live on December 19 at 9:00 PM CET. This event marks a strategic move to engage digital natives by leveraging streaming technology, as Miss Italia evolves to reach younger audiences.

With the aim of promoting creativity and sustainability, this collaboration highlights Helbiz's commitment to expanding its entertainment offerings and enhancing user experience on its platform.

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Helbiz Inc. (NASDAQ: HLBZ) announced a $10,000 donation to the Vision Zero Network as part of its #GivingTuesday initiative. Vision Zero aims to eliminate traffic fatalities and severe injuries in the U.S. The partnership underscores Helbiz's commitment to safe urban mobility and aligns with the Vision Zero movement, which has grown to over 45 U.S. communities, including areas where Helbiz operates. CEO Salvatore Palella expressed the company's dedication to supporting ethical and safe mobility initiatives.

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Helbiz Inc. (NASDAQ: HLBZ) has entered an agreement with ESPN to acquire the OTT rights for streaming NCAA Football and Basketball championships on Helbiz Live over the next three seasons in Italy. This partnership allows Helbiz Live to stream weekly NCAA matches, ten bowl games, and twenty postseason games, including the iconic March Madness tournament. Subscribers will enjoy this premium content without extra fees, expanding their viewing options in response to high demand in Italy.

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Helbiz Inc. (NASDAQ: HLBZ) has launched its e-scooters, HELBIZ ONE-S and HELBIZ S1-X, available for pre-order ahead of EICMA 2021 in Milan from November 25-28. The HELBIZ ONE-S, designed in Italy, is the first shared electric scooter with safety features such as dual disc brakes and AI technology for optimal parking. Pre-orders for the HELBIZ ONE are priced at $1,299 with a $15 refundable deposit. The company aims to expand its innovative offerings in micro-mobility, emphasizing quality and sustainability.

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Helbiz Inc. (NASDAQ: HLBZ) will showcase its e-scooters at the fifth annual CoMotion LA conference from November 16-18, 2021. The company aims to highlight its commitment to micro-mobility with cutting-edge technology in collaboration with partners Drover AI and Swiftmile. Drover AI's PathPilot technology will enhance safety and reduce clutter by ensuring proper parking and lane usage. Additionally, Helbiz is expanding its footprint with over 40 secured licenses in the U.S. and Europe, reinforcing its role as a leader in the micro-mobility industry.

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Helbiz, Inc. (NASDAQ: HLBZ) reported a 134% increase in Q3 2021 revenue compared to Q3 2020, accompanied by a 57% rise from Q2 2021. Revenue for the first nine months of 2021 surged 203% over the same period in 2020. The company surpassed 40 licenses in the U.S. and Europe and has 25,000 vehicles on order for growth in 2022. Additionally, Helbiz launched the Helbiz One scooter and opened the world's largest ghost kitchen in Milan. As of November 2021, Helbiz's cash balance exceeds $30 million, enabling aggressive investments across its business.

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FAQ

What is the market cap of HLBZ (HLBZ)?

The market cap of HLBZ (HLBZ) is approximately 36.3M.

HLBZ

Nasdaq:HLBZ

HLBZ Rankings

HLBZ Stock Data

36.30M
10.96%
1.66%
4.99%
Recreational Vehicles
Consumer Cyclical
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United States
New York