A scooter pioneer has just filed for bankruptcy ...Middle East

The shared micromobility market is a big tent, but there still isn’t room enough for everyone. Skip, one of the first scooter-sharing companies to launch in the US, filed for bankruptcy last week.The company will sell off its assets to cover its debts. Company leaders reported having between $50 million and $100 million in assets, and $10 million to $50 million in liabilities in its petition to liquidate the company in a Northern California bankruptcy court under Chapter 7 on Aug. 4.Skip is the latest scooter startup to sink into insolvency or merge with larger companies in recent years joining Austin-based Unicorn (bankruptcy), Lime (Uber acquisition), and Boosted (Lime acquisition). The in

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