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Uber Invests $170 Million in Lime Electric Scooters

May.07 — Wayne Ting, Lime chief executive officer, discusses an investment round of $170 million by Uber Technologies Inc. in the scooter-rental company. The investment comes as a lifeline for the startup reeling from plunging customer numbers and companywide layoffs. Ting speaks on “Bloomberg Technology.”

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May.07 — Wayne Ting, Lime chief executive officer, discusses an investment round of $170 million by Uber Technologies Inc. in the scooter-rental company. The investment comes as a lifeline for the startup reeling from plunging customer numbers and companywide layoffs. Ting speaks on “Bloomberg Technology.”

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5 Comments

5 Comments

  1. CaliforniaMISC

    May 7, 2020 at 11:40 pm

    waste of money scooters are not profitable

  2. Lucky Lee

    May 8, 2020 at 12:16 am

    Lime IPO & The Economics of Scooter-Sharing firms like Bird and Scoot. Buy or Sell the Lime IPO?

  3. Mosa Letswalo

    May 8, 2020 at 12:42 am

    Nice move !

  4. Suhail Murtaza

    May 8, 2020 at 12:57 am

    Anyone interested in Start up ?

  5. Tony Tamayo

    May 8, 2020 at 1:21 am

    Everyone locks up those lime scooters, can’t even rent em

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Bloomberg Technology

SpaceX-Tesla Combination ‘Extremely Tangible,’ Ferragu Says

Pierre Ferragu, managing director at New Street Research, examines the prospect of combining SpaceX with Tesla Inc. Elon Musk openly endorsed the idea Tuesday, saying the boards of both companies had formed special committees of independent directors to consider the proposal. He speaks on Bloomberg Television. ——– Like this video? Subscribe to Bloomberg Tech on…

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Pierre Ferragu, managing director at New Street Research, examines the prospect of combining SpaceX with Tesla Inc. Elon Musk openly endorsed the idea Tuesday, saying the boards of both companies had formed special committees of independent directors to consider the proposal. He speaks on Bloomberg Television.
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Bloomberg Technology

What Could a Combination of SpaceX and Tesla Look Like?

Elon Musk said SpaceX and Tesla Inc. have formed special committees to explore a potential merger, a preliminary step toward what would rank as the largest corporate tie-up of all time. Ed Ludlow reports. ——– Like this video? Subscribe to Bloomberg Tech on YouTube:   Watch the latest full episodes of “Bloomberg Tech” with Ed Ludlow here:   Get the…

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Elon Musk said SpaceX and Tesla Inc. have formed special committees to explore a potential merger, a preliminary step toward what would rank as the largest corporate tie-up of all time. Ed Ludlow reports.
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Musk Says SpaceX, Tesla Merger Makes Sense

Elon Musk says combining SpaceX and Tesla makes sense. “There’s a lot to be gained from cooperating on developing superintelligence software,” he said during the SpaceX earnings webcast on Tuesday. Musk, who is chief executive officer of both companies, says he won’t take part in any committee discussions about the idea. ——– Like this video?…

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Elon Musk says combining SpaceX and Tesla makes sense. “There’s a lot to be gained from cooperating on developing superintelligence software,” he said during the SpaceX earnings webcast on Tuesday. Musk, who is chief executive officer of both companies, says he won’t take part in any committee discussions about the idea.
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