Taking advantage of $186.2 billion market opportunity, micromobility.com Inc. announces expansion into e-commerce and retail.

Yesterday, micromobility.com Inc. (NASDAQ: MCOM) revealed the launch of its online marketplace, as well as its plans to open a chain of brick-and-mortar stores, beginning with the flagship store in Soho, New York City. This growth capitalizes on the surging micromobility market, predicted to be worth $186.2 billion by 2023. The shop will feature an exceptional range of offerings from leading industry stakeholders.

You can view the full press release here: https://www.businesswire.com/news/home/20230331005304/en/

Salvatore Palella founded micromobility.com Inc. in 2015, revolutionizing the urban transportation sector with a combination of retail, shared services and vehicle rental expertise. This leading company works across the US and Europe, providing eco-friendly, budget-friendly solutions to improve global accessibility. The micromobility.com brand manages shared mobility options via Helbiz Inc., vehicle rentals via Wheels Labs Inc., and planned brick-and-mortar stores in 500 Broome Street, 10013 New York City (Photo: Business Wire). Setting the benchmark for quality in the industry, visit www.micromobility.com for more information about their commitment to excellence.

As electric scooters, bicycles, and other compact, eco-conscious transportation alternatives are becoming increasingly popular, the global micromobility market is growing at a CAGR of 16.2%. By presenting a diverse assortment of premium, sustainable, and fashionable products from leading industry partners tailored specifically for urban commuters and city dwellers, Micromobility.com Inc. intends to address this escalating demand.

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micromobility.com Inc.’s new e-commerce platform (www.micromobility.com) provides customers with a seamless shopping experience, allowing them to find the latest in micromobility products, accessories, and services, along with excellent customer service and after-purchase support from their physical stores and 25 operational warehouses spread across the United States and Europe. The company will debut a series of brick-and-mortar stores beginning with the Soho, NYC flagship location by Summer 2023; these stores will feature advanced showrooms, interactive displays, and knowledgeable staff to help customers select the ideal micromobility option that suits their needs while offering reliable post-sale assistance.

As a result of its diversification into the retail sector, micromobility.com Inc. is able to connect directly with consumers, understand their needs, and offer a unique, customized shopping experience while addressing the challenges associated with customer support in micromobility. In addition to securing a substantial share of the rapidly expanding micromobility market, this strategic move positions us to do so.”

Micromobility.com Inc. is committed to advocating sustainable transportation solutions, as well as nurturing a culture of environmentally responsible commuting, in addition to providing a wide range of top-quality partner products. We are eager to contribute to a greener, healthier, and more efficient urban mobility transition.

Micromobility.com Inc.

micromobility.com Inc., founded by Salvatore Palella in 2015, is a pioneering business in the micromobility sector, blending knowledge of retail, shared services, and vehicle rentals to revolutionize urban transportation across the US and Europe. Its operations cover micromobility solutions with Helbiz Inc., vehicle rentals under Wheels Labs Inc., and e-commerce plus future physical stores through the micromobility.com brand. With an aim to provide cost-efficient, sustainable transportation options and improve access worldwide, micromobility.com Inc. sets a benchmark for outstanding work in the micromobility field. To know more, please visit www.micromobility.com