The European self-service scooter service COUP is out of business. The German company, a subsidiary of the equipment manufacturer Bosch, announced Monday, November 25 the closure of its service in Berlin, Paris and Madrid.

On Twitter, the company acknowledged that the service was not economically viable. Since this Saturday, November 30, COUP is no longer available in Paris.

Not profitable, too expensive

In a press release, the Bosch subsidiary mentions a " Extremely competitive market with high costs Which make the scooter service " economically unviable ".

According to the same statement, the company had planned to cease operations from mid-December, starting by removing the Berlin vehicles. In the week, COUP finally announced, on Twitter, the withdrawal of its Parisian scooters from November 30.

The company's customers were able to use the service until it was shut down and the unused minutes of the prepaid minutes packs will be reimbursed, the company said on the social network.

COUP, victim of too much competition

The department currently employs 125 people, including 25 in Paris. " They will be accompanied in their job search and will benefit from adapted social measures "Says the company.

Launched in summer 2016 in Berlin, COUP landed in Paris the following year by setting up 600 scooters of the Taiwanese firm Gogoro. In total, the company had deployed 2,200 vehicles in the French capital.

In Paris, COUP was the victim of the success of the French start-up Cityscoot, arrived a year earlier on the market. The vehicles of the French company have always been more numerous, reaching the number of 4 000. The company has also recently announced a partnership with Uber.

Source: Techcrunch