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Electric bike, scooter firm Lime to expand fleet | The Arkansas Democrat-Gazette

Lime, the operator of a shared electric bike and scooter network backed by Uber Technologies Inc., is planning to invest more than $55 million this year to expand its global fleet. The San Francisco-based company will add more than 30,000 net-new bikes across North America, Europe and Australia while also replacing aging ones, Chief Executive Officer Wayne Ting said in an interview. It s also looking to return to Greece and Mexico markets that it had exited during the pandemic, he said, and is exploring new business lines such as advertising deals and a new vehicle type for its shared fleet. ....

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E-scooter startup Lime raises $523 million, eyes going public in 2022

E-scooter startup Lime raises $523 million, eyes going public in 2022
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