Lime, Scotter and Bike Company are preparing for another crowded summer by spraying in one of its largest supporters, Uber.
The two companies have recently signed a new multi -year agreement that allows Uber to continue to view the LEME bicycles and motorcycles for Lime on its Ridehail app. As part of the deal, the rented bicycles and motorcycles in Lyme will continue to apply Uber in the markets in which you overlap, including the United States, Canada, Europe, Australia and New Zealand. The previous agreement was appointed later this year.
“We are pleased to extend this fruitful relationship to the future so that the contestants can discover and soon reserve the lime on the Uber platform,” Liem CEO, Lim, said in a statement. “We have allowed Uber to reach more people and provide more contestants with joint transportation, affordable prices and emissions free through one of the world’s largest transportation platforms. This deal increases lemon hardening as a two -wheel travel option in cities.”
Uber recently announced that LIME will be included as part of the Uber One subscription members, as it offers 10 percent of cash on all lime rides.
As part of the deal, the rented bicycles and motorcycles will continue in Lyim in the Uber application
Uber and lemon She met for the first time during the peak of the motorcycle boom in 2018With the Ridehail giant joining a $ 335 million financing round led by Alphabet’s Venture Arm, GV. This was the first time that bicycles and motorbikes became lame available for rent on the Uber app. During the roaming epidemicThe Opery of the decisive lifeline was thrown at the lime, Investing 170 million dollars in the company In exchange for lime Uber jump bike motorcycle business. Today, Uber holds a 29 percent stake in lime.
As the epidemic advanced, the deal was placed lime for Withdraw before many of its competitors who struggle. While other companies stumbled, the lime rushed to the past Inclusion operations And bankruptcy, now displays the same as the leading joint Micromobility in the world. Earlier this year, the company published its financial results for 2024, as the fourth year in a row described more than 30 percent of growth, the second consecutive year of positive free cash flow, and $ 810 million in total reservations.
As the busy summer season approaches, lime puts his eyesight on new markets. The company was recently launched in Barcelona, and later this year it plans to expand in Mexico. It also continues to expand the scope of its last cars, Leibik and Limiglader are less than a pedalWith the launch in nearly ten cities during the past two months. Among the two new bikes, Lim says it plans to reach a fleet of more than 15,000 vehicles published worldwide in 2025. (Sailing aircraft is only available in North America, where the European Union requires that only suffocating electronic bicycles are classified as bicycles.)
Lime’s shocks come in its business at a time when the company recently achieved a new record for daily cyclist riding, exceeding one million trips in one day on May 31 – then again on the first of June. Lim says that the cyclists have recently exceeded 10 billion minutes using the platform, through more than 800 million individual trips since the start of the LIME service in 2017.
Lyme’s decision to continue partnership with Uber comes at a time when Ridehail, Lyft, Raise prices From the main bikeshare service, Citi Bike in New York. Lyft was exploring a possible sale of Citi bikeBut he says now that he is planning Expanding the service In the external town later this year.
Uber says that the LIME deal helps to approach its goal Safar Emotion platform by 2040. “The lime was an influential partner in our efforts to make transportation easier, affordable and more sustainable,” Uber’s CEO Dara Joseshehi, Uber CEO, said in a statement. With global use widely through Uber in more than 200 cities, this next chapter revolves around expanding its scope together – and giving cyclists more ways to reach the place they go without having a car. “
