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Lime's IPO: Cash Infusion for Global Growth & Uber Synergy

Lime's IPO: Cash Infusion for Global Growth & Uber Synergy

Published 2 weeks, 4 days ago
Description

Lime, the electric bike and scooter rental company backed by Uber, has filed for an IPO on Nasdaq under the ticker LIME. Despite steady revenue growth from $521 million in 2023 to $886.7 million in 2025, the company has posted net losses that have been shrinking. However, free cash flow turned positive over the last three years, reaching $104 million in 2025. Founded in 2017, Lime has a strong relationship with Uber, which has invested in the company and provided it with Jump bikes and scooters. Lime operates in 230 cities across 29 countries and is poised to grow further with its upcoming IPO, potentially reshaping urban mobility.

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