Bloomberg Technology

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.”

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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