VanMoof e-bike startup bankrupt, rival company provides software keys
TL;DR Summary
E-bike company VanMoof has declared bankruptcy for its Dutch entities and is seeking a buyer. The company has been facing financial difficulties, with high costs for selling and servicing its bikes. VanMoof's international entities are not part of the bankruptcy proceedings. Employees have been given a six-week notice period and are expected to continue working during this time. The company hopes to secure a future for the brand.
- VanMoof e-bikes has declared bankruptcy Engadget
- VanMoof e-bikes is bankrupt The Verge
- Owners of troubled VanMoof e-bikes get their software keys from rival company Ars Technica
- VanMoof files for bankruptcy in sorrowful end to e-bike company Electrek.co
- VanMoof, the e-bike startup, officially declared bankrupt in The Netherlands TechCrunch
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
1 min
vs 2 min read
Condensed
81%
355 → 68 words
Want the full story? Read the original article
Read on Engadget