TIER and Dott Join Forces to Survive

TIER and Dott have chosen unity over division in a struggling shared mobility market.

TIER and Dott announced today a preliminary agreement to merge the two companies to form the leading European micromobility operator. The joint entity will continue operating under the brands TIER and Dott, combining their expertise to provide users and cities with a safe and reliable service as champions of shared mobility in Europe.

Together, the companies generate a combined revenue of 250 million euros, with over 125 million trips annually across more than 20 countries. The company aims to be profitable and support the transition to more sustainable transportation.

Because the past few months have not been easy for operators. The biggest blow, of course, came from cities that had warmly welcomed dockless scooters before switching gears for some with drastic changes, such as Paris, which imposed an outright ban, or Brussels, which chose to limit usage.

The new company will focus on providing more sustainable transport options to reduce congestion and pollution in urban areas. Its mission is to reduce car usage by offering users a reliable and efficient service, well integrated with public transit, and with minimal environmental impact. The new entity will combine market-leading expertise, operational models, and advanced technology from each service.

Users will continue to access TIER and Dott vehicles via their respective apps, with greater convergence possible in the future.