Filing: Lime's UK revenue rose 75% YoY to £111.3M in 2024, while its pre-tax profit fell to £1.71M, partly due to a £51.3M “reseller fee” paid to its US parent
Lime has reported a 75% jump in its UK revenue to £111.3 million in 2024 …
London's e-bike boom is frustrating local councils over parking issues, as Lime and Forest expand; Lime trips during peak hours have grown 91% YoY in 2024
Joshua Gabert-Doyon / Financial Times :
Lime plans to spend $55M in 2024 to expand its e-bike fleet, adding 30K+ bikes in North America and elsewhere, and reports 2023 gross bookings up 32% to $616M
Natalie Lung / Bloomberg :
Lime says its gross bookings grew 45% YoY to $250M in H1 2023 and its adjusted EBITDA reached $27M, or ~$20.6M unadjusted, as CEO Wayne Ting hints at an IPO
Rebecca Bellan / TechCrunch :
Lime raises $523M in convertible debt and term loan financing and says it plans to go public next year
Shared electric micromobility giant Lime has closed a $523 million raise in convertible debt and term loan financing, money that Lime CEO Wayne Ting says is the next step on the company's path to goin...
Lime says it will spend $50M to expand its network, doubling the number of cities in which it operates, and roll out a new e-bike
Andrew J. Hawkins / The Verge :
Lime says it will it will spend $50M to expand its network, doubling the number of cities in which it operates, and roll out a new e-bike
The scooter company is also rolling out a new model of e-bike — Lime is getting back to its roots. The scooter company formerly known as LimeBike …
Lime's new CEO Wayne Ting, who replaces co-founder Brad Bao, talks about Uber-led $170M investment, consolidating assets from Jump, and weathering the pandemic
Biz Carson / Protocol :
Lime's new CEO Wayne Ting, who replaces co-founder Brad Bao, talks about Uber-led $170M investment, consolidating assets from Jump, and weathering the pandemic
Lime is receiving a much-need cash infusion from Uber and other investors as the scooter company attempts to reset its business amid the coronavirus pandemic.
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 …