Uber leads a $170M investment in Lime, with Bain Capital Ventures, Alphabet, and GV participating, and will transfer its Jump scooter division to Lime
- Uber is leading a $170 million investment round in Lime, the companies announced Thursday. — Uber will transfer its own electric bike …
CNBC Lauren Feiner
Related Coverage
- New Financing And Partnership Strengthens Lime Leadership li.me
- Uber Leads $170 Million Investment in Lime The Information · Wendy Pollack
- Uber leads $170M Lime investment, offloads Jump to Lime TechCrunch · Romain Dillet
- Uber leads $170m investment in Lime Financial Times
- Lime squeezes $170 million from Uber and Alphabet as scooter-sharing plummets under COVID-19 The Verge · Andrew J. Hawkins
- Uber leads $170 million round in Lime and offloads Jump VentureBeat · Paul Sawers
- Lime now owns Uber's Jump bike and scooter service Engadget · Marc DeAngelis
- Uber Leads $170 Million Investment Into Lime Electric Scooters Bloomberg · Nate Lanxon
Discussion
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@g_rapier
Graham Rapier
on x
Lime has purchased Uber's JUMP bikes and scooters https://www.li.me/...
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@andyjayhawk
Andrew J. Hawkins
on x
It's official: as @Amir reported last week Uber is leading $170M funding round in Lime. As part of the deal, Lime will absorb the operation of Uber's JUMP bikes and scooters. And Wayne Ting (Lime VP of global ops) replaces Brad Bao as CEO of Lime. https://www.li.me/...
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@limebike
Lime
on x
Big News! Starting soon, you will be able to unlock JUMP bikes and scooters through the Lime app! 2nd Street with the deets! 👇👇👇 https://www.li.me/...
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@fabianladda
Fabian Ladda
on x
Big news! Today, Lime just became the largest micromobility player in the world by acquiring JUMP's business. Uber is leading a $170 million dollar investment round. More here: https://www.li.me/... https://twitter.com/...
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@ow
@ow
on x
Uber is handing off its entire JUMP bikes/scooters division to Lime? As people look to avoid public transit/cabs, this feels... shortsighted https://www.cnbc.com/...
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@stevekovach
Steve Kovach
on x
As part of the deal, Lime will take over Uber's bike/scooter business under a new CEO. Uber and Lime apps will integrate so you can book scooters/bikes in either app. https://www.cnbc.com/...
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@ryan_browne_
Ryan Browne
on x
Lime confirms Uber led a $170 million investment round in the scooter-sharing firm. Not disclosing valuation, however reports indicate a roughly 80% drop from its last market value. More here from @lauren_feiner: https://www.cnbc.com/...