Category: lime
Lime’s new platform lets you rent other companies’ e-scooters
Lime’s bid to become a one-stop shop for transportation now includes the option of renting vehicles from other companies. The company is launching a micromobility platform that promises more choices for rides, starting with Wheels. You can hire the n… Source
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Lime brings Jump bikes back to London
When Uber handed Jump, its scooter- and bike-sharing division, over to Lime, it sent thousands of Jump e-bikes in the US to the scrapheap to be recycled. In Europe, thousands of the bikes were pulled from city streets. Now, under Lime’s direction, so… Source
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Bird shuts down Circ operations in Middle East, scraps as many as 10,000 scooters
Bird has shut down scooter sharing in several cities in the Middle East, an operation that was managed by Circ, the micromobility startup it acquired in January. About 100 Circ employees have been laid off and as many as 10,000 Circ scooters have been sent to a third-party UAE-based company…
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Uber sends thousands of Jump e-bikes to the recycling heap
Uber has sent thousands of electric bikes to be recycled for scrap as part of handing operations of their Jump e-bike division to scooter-sharing company Lime. The rideshare giant said it would be too difficult to donate these bikes because of safety… Source
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Why micromobility may emerge from the pandemic stronger than before
Since its inception, shared micromobility services have been in a precarious position — one supported by millions of dollars in venture capital. But the COVID-19 pandemic has brought even more turmoil upon an industry that has long struggled with unit economics. It has led to mass layoffs, operation shutdowns across…
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Is it better to be a private or public company right now?
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. Every week we write this post with some opening line akin to wow, what a week, huh? This is yet another one of those weeks. Perhaps this is just life now, and every week will…
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