Lime plans to name Uber as an anchor investor in its IPO targeting $200M at a $1.8B valuation. Here's what the financials and Uber partnership mean for

The initial public offering for Lime, an electric scooter and bike rental company that was once a stalwart of the late 2010s startup scene, is getting financial support from an…

Lime plans to name Uber as an anchor investor in its IPO targeting $200M at a $1.8B valuation. Here's what the financials and Uber partnership mean for

The Lime IPO is priced at up to $180.9mn, with long-time backer Uber set to anchor the deal at a roughly $1.8bn valuation.

Uber is Lime's largest shareholder with a 24% stake. The scooter company filed plans for an IPO, targeting a price of $24 to $26 per share.