Lime
Coverage of Lime in the Nexus archive.
- Denver is actually doing a good job with scooters, according to this professor
Despite controversy surrounding Denver's transition to Veo Micromobility as the sole provider, a professor found that the city is performing well with scooters. Hale Erkan, an assistant business professor at Arizona State University, reported that Denver has consistently high utilization rates, averaging 2.5 rides per scooter per day based on recent data. This rate significantly exceeds the average across the 37 US cities.
- Detroit police shut down Lime scooters amid reports of possible Teen Takeover
Detroit Police temporarily shut down Lime scooters in downtown Detroit after receiving reports of a possible teen takeover. The action was taken as a precaution following social media posts encouraging teenagers to gather near Campus Martius. In response, police also increased patrols and continue monitoring the area.
- From sidewalk riding to 'scooter litter,' community members voice their opinions over Veo in the Mile High
Denver approved a three-year contract with Veo for e-bikes and scooters. Despite new legislation banning sidewalk riding, community members are expressing frustration over issues such as scooter littering and machines blocking private property entrances. Denver City Councilman Chris Hinds notes that while more complaints have been received due to the new ordinances, he is exploring if the vendor is complying with the law and contract.
- Lime is doubling down on cities where it already operates. It's about creating more loyal riders, its CEO says
Lime is increasing its scooter and bicycle fleets in existing US cities to boost rider loyalty and reliability. The company reported a 24% revenue increase and net income of $295 million in Q2, driven by its IPO and subscription services like LimePass. CEO Wayne Ting emphasized using AI to optimize vehicle placement and enhance user experience.
- E-Scooters Are Now Blocked On Busy Stretch Of Sheridan Road In Edgewater
E-scooters from Lime and Divvy are now blocked on a mile-long stretch of Sheridan Road in Edgewater via geofencing technology. The Department of Transportation and the 48th Ward implemented the measure to address sidewalk riding in a high-pedestrian-activity area, extending an existing geofence around the Lakefront Trail.
- Melbourne council votes to scrap Lime ebikes for failing to meet ‘bare minimum standards’
Melbourne's City of Yarra council terminated its agreement with Lime after six years due to failure to meet minimum standards, leading to the removal of shared ebikes. The council claims Lime has not adequately addressed issues of dumping and misuse of the bikes.
- Lime, the scooter company that took over SF, goes public
Lime, the scooter company that took over SF, goes public with a new office in SoMa and a Wall Street debut, marking a new era for the company.
- Uber-backed Lime raises $167mn in bike and scooter group IPO
Lime, backed by Uber, raised $167 million in an IPO for its bike and scooter group. The shares were priced at $25, with Goldman Sachs, JPMorgan, and Jefferies underwriting the deal.
- Uber is set for a payday from Lime's IPO — and is interested in doubling down on the scooter bet
Uber is the largest shareholder in Lime ahead of its IPO, holding a 24% stake worth up to $350 million. Uber has an option to invest an additional $20 million in Lime during the IPO and has a history of partnership, with 14% of Lime's revenue in 2025 coming from trips booked via Uber's app.
- Lime is launching its IPO roadshow at a $1.8 billion valuation
Lime is launching its IPO roadshow with a $1.8 billion valuation, offering shares at $24 to $26 each. Uber has indicated interest in purchasing up to $20 million worth of shares.
- What’s the early verdict on Veo?
Veo Micromobility is the new and only scooter operator in Denver after the city ended contracts with Lime and Bird. Veo offers varied scooter and e-bike models with tiered pricing, including discounted rates for residents and free rides for low-income users. User feedback is mixed, with some praising affordability and ride quality while others criticize higher costs compared to previous services.
- ‘Cost our family everything': Parents sound alarm after teen deaths on e-scooters
Two Chicago teens died after renting e-scooters from Lime, a company requiring riders to be 18 or older, despite no age verification during rental. Parents and medical professionals report increasing severe injuries among minors, prompting calls for stricter regulations. Lime claims safety is foundational but has not implemented effective age verification.
- TechCrunch Mobility: Lime’s IPO gamble
Lime is considering an IPO, a significant move in the company's future. The news is part of TechCrunch Mobility, which covers transportation and AI. Lime's decision may impact the transportation industry.
- The electric scooter rental company Lime has filed for IPO
Lime, an electric scooter rental company, has filed for IPO and expanded to over 230 cities worldwide, but remains unprofitable. The company's growth is significant, yet profitability is still a goal. Lime's global presence spans multiple continents.
- Uber-backed Lime plans IPO as debt concerns mount for the e-scooter maker
Lime, an e-scooter maker backed by Uber, is planning to go public through an IPO, giving investors another chance to invest in an e-bike and e-scooter company after Bird's previous experience on the public market. This move comes as debt concerns mount for Lime. The IPO will allow investors to invest in a pure play e-bike and e-scooter company.
- Lime, the Uber-backed micromobility company, files for IPO
Lime, a micromobility company backed by Uber, has filed for an initial public offering (IPO) after years of preparation. This move indicates Lime's plans to enter the public markets. The IPO filing is a significant step for the company.
- Uber-Backed Electric Scooter Rental Firm Lime Files for IPO
Lime, an electric scooter rental firm backed by Uber, has filed for an initial public offering (IPO). The company operates in various cities, including London, where a man was seen riding a rented Lime e-scooter on Oxford Street. This move indicates Lime's plans for expansion and growth.
- Danniella Westbrook, 52, shows off the incredible results of her extensive reconstructive surgery as she hops on a Lime bike to beat the tube strikes
Danniella Westbrook, 52, showcases the successful results of her reconstructive surgery while using a Lime bike to avoid London's tube strikes. The article highlights her post-surgery appearance and her practical choice of transportation during public transit disruptions.
- Scooter tossed onto 110 Freeway damages several vehicles overnight
A Lime scooter was thrown from an overpass onto the 110 Freeway in Los Angeles overnight, damaging multiple vehicles and causing traffic to halt. California Highway Patrol officers worked to clear the freeway between Adams Boulevard and the 10 Freeway in the University Park area. The perpetrator remains unidentified.