Uber and Google invest $335 million in Lime city scooter

Lime lets people hire scooters, electric bikes and pedal cycles

Lime announced funding of $335m (£253m) that Uber, along with Google's Alphabet and others, have invested in. Toby Sun, Lime founder, said in a blog announcing link that Uber had made a sizable investment. Lime lets people hire scooters, electric bikes and pedal cycles in 46 cities.

With this deal, Uber users will be able to rent Lime's scooters via the car-sharing company's app. Scooter transportation are taking over more and more cities across the US and regulators hurry to write laws around them. Some people complain that riders don't follow the laws of the road and endanger pedestrians by riding on sidewalks and leaving the scooters wherever they feel like it - blocking parking spots, and wheelchair accesses.


Uber's deal with Lime comes soon after rival Lyft announced it was buying Motivate, another bike sharing company.

Uber's head of new modalities, Rachel Holt, said "Our investment and partnership in Lime is another step towards our vision of becoming a one stop shop for all your transportation needs, Lime already has an expansive footprint, and we're excited to incorporate their scooters into the Uber app so consumers have another fast, affordable option to get around their city, especially to and from public transit."

Lime claims to have the fastest, and easiest to use scooters to help you get where you're going.

Comments