Micromobility firm Lime launches its IPO roadshow, securing Uber as a key investor ahead of its public debut.
Lime has initiated its IPO roadshow, marking a significant step toward its public listing. The San Francisco-based company, which operates e-bike and e-scooter rentals across North America and Europe, secured Uber as an anchor investor for the offering.
The move follows growing investor interest in micromobility as urban transportation demand rises. Lime previously raised over $500 million in private funding, with valuations fluctuating amid market shifts. No pricing details or target valuation have been disclosed yet.
Shares of comparable mobility firms have seen mixed performance post-IPO, reflecting sector volatility and regulatory challenges.