Electric bike and scooter operator Lime is aiming for a valuation of up to $1.66 billion in its US IPO, seeking to raise over $180 million. Despite past losses, the company boasts rapid revenue growth and a global presence. Uber, a key investor, plans to buy shares. This offering will test investor appetite for the industry, which faces regulatory and operational challenges.
Lime, an electric bike and scooter operator, targets a valuation up to $1.66 billion in its US IPO, aiming to raise over $180 million. Despite prior losses, the company shows strong revenue growth and global reach. Key investor Uber plans to purchase shares, marking a…
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