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Lime, the Uber-backed micromobility company, files for IPO

Micromobility company Lime, backed by Uber, has officially filed for an initial public offering (IPO) on the Nasdaq exchange under the ticker 'LIME'. While the company has not disclosed specific financial terms of the offering, this move represents a significant milestone for the shared electric scooter and bike industry. The IPO comes after years of market speculation and could signal growing investor confidence in sustainable urban transportation solutions.

Background

Lime is a major player in the shared electric scooter and bike market, operating in over 200 cities worldwide. The company has raised significant funding from investors including Uber, Google Ventures, and Bain Capital, and has been positioning itself as a leader in sustainable urban transportation solutions.

Source
TechCrunch
Published
May 8, 2026 at 09:21 PM
Score
7.0 / 10