Posts Tagged ‘Lime’
Bird Going Public at $3 Billion Valuation
New York City, New York, USA Micromobility company Bird, announced Wednesday 12th May 2021 it plans to go public on the New York Stock Exchange. It will merge with Switchback II, a special purpose acquisition company (SPAC) in a transaction expected to value the company at US$2.3 billion (A$3 billion) In a blog post announcing…
Another Bike Share Scheme Launches in New York City
New York City, New York, USA In New York City, the dominant micromobility option is Citi Bike, the official bike-sharing system of the city. Other transit alternatives aren’t as easy to come by, thanks to complex permit processes for companies looking to station vehicles in public spaces. E-scooter companies Bird, Lime, and Veo, for instance, will launch…
New York City and London Commence Scooter Trials
New York City, New York, USA and London, UK New York City’s days as one of the last remaining holdouts in the dockless electric scooter boom is finally at an end. The city’s Department of Transportation (DOT) announced the selection of Bird, Lime, and VeoRide as the participants in its inaugural e-scooter pilot. The companies are expected to…
Lime’s New Features Should Reduce Hiring Stress
Lime to Invest $64 Million Into Ebike Share as it Eyes Float
Market leading Lime is getting back to its roots. The scooter company formerly known as LimeBike announced in late February 2021 that it will invest US$50 million (A$64 million) to grow its shared electric bicycle network, including adding a new model of bike and doubling the number of cities in which it operates.
Lime got its start with shared bikes, only to quickly pivot after Bird first introduced the concept of dockless electric scooters in 2017. The company dropped the ‘bike’ from its name and started phasing out its bikes in 2019. But the following year, Lime acquired bike-share company Jump from Uber, and suddenly, bikes were back on the menu.
Dockless Ebike Share – A First Time User’s Perspective
I deliberately did not go online to read any instructions in advance. I wanted to see what the experience would be like if I was a casual tourist or local visitor, just hiring on impulse. Phil Latz Sydney / NSW Last year Lime rolled out their re-branded Jump dockless ebike system in Sydney. During a…