JET Group highlights profitable micromobility growth in H1 2026
Revenue surged 45% to $30.2M with strong LatAm and Caucasus expansion, backed by an Fitch Stable Outlook rating.
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In short: JET posted profitable growth with revenue up 45%, doubled GMV, and green-bond issuance.
Revenue surged 45% to $30.2M with strong LatAm and Caucasus expansion, backed by an Fitch Stable Outlook rating.
GMV doubled year-on-year to over $42 million. Rides grew nearly 66% to 75 million cumulative trips. Fleet spans Central Asia (50%), South Caucasus (12%), and Latin America (40%).
Revenue grows to KZT 2.64 billion from kicksharing. Acquires Uzbekistan subsidiary. Assets expand significantly.
The report as of September 30, 2023 shows revenue of 4.03 billion tenge. The Group sold its Ukrainian subsidiary.
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