Why Did The Helbiz (HLBZ) Stock Rise By 15% In Pre-Market Trading?

Following the signing of a collaboration agreement, shares of Helbiz Inc. (NASDAQ: HLBZ) increased 15.79% to $0.2501 on Friday morning.

Which partnership did HLBZ join?

Thanks to a relationship with Kitchen United, a major ghost kitchen network in the U.S., Helbiz Kitchen, a division of Helbiz (HLBZ), is introducing its ghost kitchen products to the country. In the beginning, the cooperation will introduce Helbiz Kitchen to two cities, enabling customers to choose from a wide variety of dishes.

Beginning in January, consumers will be able to order their preferred meal products through the onsite kiosk, website, the Helbiz Kitchen app, or Kitchen United MIX app in New York City (307 West 38th St and 30 Vandam Avenue) and Austin (8023 Burnet Rd). HLBZ will bring their varied selection of menus made in Milan to each of these locations, including Burger & Sons, Pokaii, Pomodro, Wabisabi, What the Farm, and La Bottega del Gelato, allowing anybody to sate their appetites.

The expansion of Helbiz Kitchen to the United States has been a goal of HLBZ since its inception, and as a result, customers in NYC and Austin can now enjoy the cuisine that HLBZ has mastered in Milan. The two pillars of mobility and food delivery will serve as the cornerstone for Helbiz’s ambition to transform it into a super-app by combining demands. Partnerships with industry leaders like Kitchen United, who will support maintaining HLBZ’s high standards of service, help it develop more quickly.

Helbiz Kitchen with its extraordinary selection of cuisines will soon be offered in NYC and Austin facilities, where Kitchen United MIX is transforming the way consumers buy takeaway. Families and parties that struggle to decide what to eat for lunch or supper will like being able to order items from many restaurants in one simple order.

How will HLBZ develop going forward?

Users may get the Helbiz app from the Apple Store or Google Play when it becomes available. Users will be able to utilize the same app to meet their daily transportation and food demands once it is made accessible in places where Helbiz (HLBZ) offers micro-mobility services.

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