Latest news with #Lime
Yahoo
44 minutes ago
- Business
- Yahoo
Uber Technologies (UBER) Backed Electric Bike Startup Prepares for IPO
Uber Technologies, Inc. (NYSE:UBER) is one of the . On June 24, Reuters reported an Uber Technologies, Inc. (NYSE:UBER) backed electric bike and scooter network startup called Lime has hired investment banks to prepare for an IPO in the United States. Lime is a San Francisco-based startup, according to the sources of Reuters, it has hired Goldman Sachs and JPMorgan Chase to help with its IPO. The company is anticipated to launch next year and could value the firm higher than its Uber Technologies, Inc. (NYSE:UBER) led funding round in 2020. The source added that reports at that time valued the company at about $510 million. The company was founded in 2017 and is now led by Uber Technologies, Inc. (NYSE:UBER)'s former executive Wayne Ting. It provides short-term rentals of electric bikes and scooters in more than 280 cities in nearly 30 countries. Uber Technologies, Inc. (NYSE:UBER) is a technology company that operates a ride-hailing platform working in three main areas including Mobility, Delivery, and Freight. While we acknowledge the potential of UBER as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. 登入存取你的投資組合
New York Post
a day ago
- New York Post
Man tackled by fellow passenger during wild airport outburst – and judge gives him two-word warning
A man dramatically tackled by a fellow passenger during a wild outburst at Brisbane Airport has been arrested again and is now back behind bars, with a Magistrate delivering a cheeky two-word warning. Djon James Bland appeared via video link from the Capricornia Correctional Centre, where he is currently serving a nine-month sentence for an unrelated matter imposed by the Mackay Magistrates Court. The 26-year-old had initially been granted bail after the May 15 incident at Brisbane Airport's domestic terminal, where he allegedly abused Virgin Australia staff and was restrained by passengers before police arrived. 4 A man wearing a white T-shirt and a green Lime scooter-style helmet can be seen shouting profanities and thrashing as staff and passengers tried to restrain him in the footage from the original incident. 7NEWS 4 Djon James Bland was arrested by an Australian Federal Police officer about 15 minutes later. 7NEWS Footage of the incident showed a man, wearing a white T-shirt and a green Lime scooter-style helmet, shouting profanities and thrashing as staff and passengers tried to restrain him, before he was tackled to the ground by another passenger. He was arrested by an Australian Federal Police officer about 15 minutes later. Witnesses said the outburst escalated when Bland was told he couldn't board his next flight at Gate 45. 4 A man dramatically tackled by a fellow passenger during a wild outburst at Brisbane Airport has been arrested again. Skí³rzewiak – Brisbane Airport and Virgin Australia later thanked those who stepped in to help. On Thursday, at the Brisbane Magistrates Court, there was some confusion over Bland's charges. The prosecutor explained two new charges, public nuisance and assault occasioning bodily harm, would replace the original charges of public nuisance and common assault due to a doctor's report. 4 Bland was charged with public nuisance and assault occasioning bodily harm due to a doctor's report. Alexander – Before the clarification, Bland objected to the fresh charges, claiming the matter should be dismissed. 'Nice try,' the Magistrate replied. Bland told the court that he hadn't yet spoken to a lawyer about his matter. 'If I had got the brief of evidence … I would be able to do the case today,' he said. Bland was asked if he had been behaving in prison, to which he laughed and replied, 'Yeah, I'm the best.' The magistrate then advised him, 'Don't fly – drive down to Brisbane' for his next appearance after his release. He was granted bail for the updated charges but will remain in custody for the unrelated matter until his release date on August 23. The matter is set to return to Brisbane Magistrates Court on September 11.
Time Magazine
a day ago
- Business
- Time Magazine
TIME100 Most Influential Companies 2025: Lime
With 270,000 rentable e-bikes and e-scooters spread across 30 countries on five continents, the world's largest 'micromobility' company is proving that plenty of people are ready to avoid autos for city excursions under five miles. 'The things that make somebody in London want to use micromobility are also true in a place like Omaha, Nebraska,' CEO Wayne Ting says. In 2024, Lime saw its fourth straight year of 30%-plus growth (hitting $810 million in gross bookings) and reached record profitability. A partnership with investor Uber to allow bookings via that app didn't hurt. The company helped spark the micromobility trend through rapid expansion across the U.S. and Europe, when it first launched in 2017, and now even metropolises that don't have Lime have launched their own bike and scooter share services. Helping Paris become a 100% cyclable Olympics city in 2024, increasing its fleet there from 10,000 to 15,000, has prepared Lime to support other big events like the 2026 FIFA World Cup and the 2028 Los Angeles Olympics.
Daily Mirror
2 days ago
- Daily Mirror
Court's cheeky six-word warning as man 'who had airport outburst' arrested again
Djon James Bland appeared at Brisbane Magistrates Court for the first time since being charged in connection with an incident at Brisbane Airport where a man was tackled and restrained by fellow pasengers A man who allegedly caused chaos at Brisbane Airport and had to be restrained by fellow passengers is back behind bars after he was arrested again. Djon James Bland appeared via video link at Brisbane Magistrates Court at a hearing in connection with the incident, which happened on May 15 at Brisbane Airport's domestic terminal. The 26-year-old allegedly abused Virgin Australia staff after being told he couldn't board his next flight at Gate 45. Footage of the incident showed a man, wearing a white T-shirt and a green Lime scooter-style helmet, shouting loudly in the direction of staff as other passengers tried to diffuse the situation. The man was tackled to the ground by another passenger and restrained until police arrived. Bland was arrested 15 minutes later by an Australian Federal Police officer. He had initially been granted bail following the incident but appeared via video link from the Capricornia Correctional Centre at his latest hearing. The court was told he is currently serving a nine-month sentence for an unrelated matter imposed by the Mackay Magistrates Court, reports. During the hearing there was some confusion over the charges against Bland, with the prosecutor explaining that two new charges, public nuisance and assault occasioning bodily harm, would replace the original charges of public nuisance and common assault. Objecting to the charges, Bland told the court that the matter should be dismissed. 'Nice try,' the Magistrate replied. The defendant, who said he had not yet spoken to a lawyer about the matter, was then asked if he had been behaving in prison. "Yeah, I'm the best," he replied. Bland was granted bail for the updated charges but will remain in custody for the unrelated matter until his release date on August 23. "Don't fly - drive down to Brisbane," the magistrate cheekily told him in a six-word warning. Bland will next appear at Brisbane Magistrates Court on September 11. Following the incident at Brisbane Airport on May 15, a spokesperson for the airport thanked those who had stepped in to help Virgin staff. "Brisbane Airport would like to thank passengers who assisted following an incident at the Domestic Terminal near Gate 45," the spokesperson said. "Passengers help restrained a man along with crew members until Australian Federal Police arrived. There was no delay for travellers or flights."
The Age
2 days ago
- Business
- The Age
London, Paris, Parramatta: Lime to bring thousands of e-bikes to Sydney's west
Share-bike company Lime is planning to drop thousands of e-bikes onto the streets of western Sydney in the coming months – but is yet to come to an agreement with local councils about how they will operate. The California-based company, last valued at $780 million and backed by Uber and Google, has found major success in Sydney's east and CBD and is now betting on the appetite of western Sydney locals to sustain its growth. Lime, which has emerged as the clear leader in Australia's once highly competitive and risky share bike market, is preparing to slowly roll out its service in Parramatta CBD and Sydney Olympic Park by the end of the year, representing its first significant expansion since its Sydney launch in 2018. As part of the expansion, the company will release a new generation of e-bikes designed to address safety and accessibility issues present in the current fleet. The bikes will have smaller and thicker tires, a lower centre of gravity to prevent toppling, and an easier-to-use helmet lock that the company says will better enforce helmet use. 'Lime is going all-in on Sydney and western Sydney to ensure complete connectivity of the network, said Lime's head of Asia Pacific, William Peters, noting there had been a 'dramatic uptick' in usage of Lime bikes in Sydney over the past year. 'Global cities need three things for seamless transport: an airport, a metro system, and micromobility. Lime fills the last-mile gap.' But the company's expansion plans were news to Parramatta's Lord Mayor Martin Zaiter, who said he had only heard through third parties that they were interested in launching in his council's area. While he had heard 'whispers of them wanting to enter the market', there had been 'no direct discussion or correspondence as of yet', he said.
