Uber-backed Lime rides IPO wave to $1.73 billion valuation in Nasdaq debut
By TodayTelugu Desk1 min read0 views
Uber-backed Lime jumped 8% in its Nasdaq debut, valuing the e-scooter and bike rental company at $1.73 billion. The IPO reflects renewed investor interest in new listings amid volatile markets. Lime, operating in 230+ cities, remains loss-making but benefits from growing urban micromobility demand and Uber partnership support.
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