Wednesday, 1 July, 2026
Scooting to Nasdaq: Uber-Backed Lime Raises $167 Million in US IPO
By TechShots Studio
Shared micromobility giant Lime successfully raised $167 million in its U.S. initial public offering, selling 6.68 million shares at $25 each. Backed heavily by Uber—which holds a 24% stake—the e-bike and scooter rental firm enters a reviving public market. While Lime’s 2025 revenue surged nearly 30% to $886.7 million, the asset-heavy company faces lingering city-level regulatory hurdles and widening net losses.