Singapore-based e-scooter operator Neuron Mobility and Beam Mobility have signed a preliminary agreement to merge.

The deal is expected to close within 60 days, pending customary conditions.

It aims to strengthen their presence in the Asia-Pacific micromobility market. The merger will create a combined company that operates in over 100 cities.

Both Neuron and Beam brands will be maintained in key markets.

Neuron has a strong presence in Australia and Canada. Meanwhile, Beam operates in South Korea, Southeast Asia, Turkey, and the United States.

Zachary Wang, co-founder and CEO of Neuron Mobility, will serve as Chairman and Global CEO of the new entity.

Alan Jiang, CEO and co-founder of Beam Mobility, will become CEO of Asia. Beam’s president, Deb Gangopadhyay, will act as a strategic advisor.

Investors from both companies, including Square Peg Capital, GSR Ventures, Affirma Capital, Hana Ventures, and Peak XV Partners, will retain their stakes in the merged organization.

The new company will be headquartered in Singapore.

.source-ref{font-size:0.85em;color:#666;display:block;margin-top:1em;}a.ask-tia-citation-link:hover{color:#11628d !important;background:#e9f6f5 !important;border-color:#11628d !important;text-decoration:none !important;}@media only screen and (min-width:768px){a.ask-tia-citation-link{font-size:11px !important;}}

🔗 Source: Neuron

🧠 Food for thought

1️⃣ Micromobility consolidation represents an industry maturation trend

The Neuron-Beam merger follows a clear pattern of consolidation in the global micromobility sector that has been ongoing since 2019, reflecting the industry’s evolution toward sustainability.

Previous major consolidations include Ojo’s acquisition of Gotcha for $12 million in 2019, which aimed to position them as a top-three North American player alongside Bird and Lime 1.

Similarly, Latin American operators Grin and Yellow merged to form Grow Mobility, creating the region’s dominant micromobility provider with over 135,000 vehicles across six countries 2.

These consolidations consistently emphasize “positive unit economics” and sustainability, which were also highlighted in the Neuron-Beam announcement about creating a “foundation for profitability.”

The micromobility sector’s consolidation reflects patterns seen in other transportation technology markets, where initial fragmentation gives way to regional champions once operational challenges and regulatory frameworks stabilize.

2️⃣ Regional specialization emerges as a competitive advantage

The decision to maintain both the Neuron and Beam brands in their respective strongest markets highlights how geographical expertise has become a critical success factor in the micromobility industry.

Neuron’s leadership in Australia and Canada versus Beam’s strength in South Korea and Southeast Asia demonstrates how regional specialization enables companies to navigate complex local regulations more effectively than global one-size-fits-all approaches.

This regional strategy mirrors successful approaches from other micromobility mergers, such as when Grow Mobility leveraged Yellow’s Brazilian market knowledge alongside Grin’s expertise in Mexico and other Latin American countries 3.

The regional approach reflects the reality that e-scooter operations require deep local knowledge to navigate city-specific regulations, which vary dramatically across jurisdictions—a fact highlighted by municipal governments implementing diverse policies to manage safety and visual pollution 4.

Local expertise also enables better infrastructure planning and community engagement, which Neuron has demonstrated through its consultations with disability advocacy groups and local business partnerships 5.

3️⃣ Safety and infrastructure remain critical industry challenges

Despite the industry’s growth and consolidation, safety concerns continue to pose significant challenges for e-scooter operators, with research showing head injuries as the most common accident outcome and less than 5% of riders wearing helmets 6.

Studies indicate that 80% of e-scooter crashes involve motor vehicles, highlighting the importance of proper infrastructure and regulations to protect riders 6.

Neuron has been addressing these challenges through safety initiatives and partnerships with local organizations to promote responsible riding—a strategy that recognizes safety as both a social responsibility and business imperative 5.

The merger comes as cities are increasingly implementing regulations to manage e-scooter fleets, reflecting the tension between mobility benefits and public safety concerns that all operators must navigate.

The combination of Neuron’s experience in tender-based markets with Beam’s expertise in permit-based systems suggests the new entity aims to develop comprehensive approaches to safety and infrastructure that can adapt to diverse regulatory environments.

Recent Neuron developments

……