Lime, a company specializing in shared micro-mobility solutions, is gearing up for its initial public offering (IPO) with an estimated valuation of roughly $1.8 billion, with the ambition to secure approximately $200 million in funding. Uber, a prominent ride-hailing giant, is set to join as a cornerstone investor. This week, Lime will engage in roadshows to consult with potential investors. Its core business encompasses the management and operation of electric bicycle and electric scooter networks, reflecting its commitment to sustainable urban transportation.
