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The Verge

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Image Credit: The Verge

Lime renews vows with Uber ahead of busy summer season

  • Lime renews a multiyear agreement with Uber, allowing Lime's bikes and scooters to continue appearing on Uber's ride-hail app in markets they overlap.
  • Uber and Lime first collaborated in 2018 during the scooter boom, and Uber currently holds a 29 percent stake in Lime after investing $170 million in the company during the pandemic.
  • Lime sets sights on expanding into new markets like Mexico, launched in Barcelona, and scaling up its latest vehicles, the LimeBike and pedal-less LimeGlider, with plans to deploy over 15,000 vehicles globally by 2025.
  • Lime hits a daily ridership record, surpassing 1 million rides in a day and exceeding 10 billion minutes of usage across more than 800 million individual trips since its inception in 2017.

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