The largest electric scooter rental agency in Japan will heighten background checks on customers and introduce a demerit system to promote safety after regulations for the vehicles are eased in July.
Shared micromobility company Luup has raised $8 million (1 billion yen) in debt and asset financing to meet the growing demands of Japan’s micromobility market, which according to a recent report, is projected to reach $11.6 billion in 2030, up from $39.4 million in 2020. Luup will use the proceeds to expand its service […]