"Lime, which was founded in 2017, has deep ties to Uber. The ride-hailing and delivery giant led Lime's $170 million funding round in 2020. As part of that deal, Lime acquired Jump, the electric bike and scooter division that Uber bought back in 2018 for around $200 million. After the acquisition Jump's name disappeared and its assets were absorbed by Lime. In the years since, Lime has integrated more closely with Uber."
Lime, an Uber-backed electric bike and scooter rental company, has filed for an initial public offering. The company plans to list on Nasdaq under the ticker symbol LIME, and it did not disclose offering terms. Lime reported revenue growth from $521 million in 2023 to $686.6 million in 2024 and $886.7 million in 2025. Net losses decreased from $122.3 million in 2023 to $33.9 million in 2024 and $59.3 million in 2025. Lime reported free cash flow for the past three years, reaching $104 million in 2025, nearly double the prior year, supported by higher cash from operating activities. Lime has strong ties to Uber through funding and the acquisition of Jump.
Read at TechCrunch
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