- Business
- MoveByBike Europe AB (publ) (MBBAB.ST) operates as a sustainable last-mile logistics provider specializing in urban deliveries using electric cargo bikes. The company offers eco-friendly delivery solutions for e-commerce parcels, foodstuffs and groceries including temperature-controlled transport, business-to-business shipments, home deliveries to private customers, and boxes or bulk goods up to 300kg; it also provides self-manufactured electric transport bikes with integrated mobility services for battery charging and swapping, real-time tracking via advanced routing software, and supplementary marketing services. Operations span major Nordic cities including Malmö, Stockholm, Gothenburg in Sweden; Copenhagen and Frederiksberg in Denmark; with a recent franchise agreement expanding into Verona, Italy. Founded in 2012 and headquartered at Byggmästaregatan 3 in Malmö, Sweden, MoveByBike targets e-retailers, corporate clients, and private consumers seeking emission-free alternatives to traditional vans in congested urban environments. Recent developments include the full acquisition of subsidiary Starke ECB in July 2025 for SEK 1,000 to consolidate ownership of its electric cargo bike technology; completion of a corporate reconstruction plan approved by Malmö District Court in August 2025, enabling exit from proceedings with strengthened creditor support and financing via SEK 8.5 million in convertible loans and share issues; execution of early warrant redemptions through a directed share issue in November 2025 to fund vehicle fleet expansion, batteries, cargo boxes, and working capital toward profitability; the acquisition of Danish logistics firm Chainge ApS in July 2024 for approximately SEK 19 million to boost Nordic revenues by 50% and integrate complementary operations; and a conditional 2023 merger with Bzzt AB incorporating electric mopeds and pods, alongside a new sales initiative and downward revision of its 2025 outlook in October 2025.