Uber-backed Lime rides IPO wave to $1.7B valuation in Nasdaq debut
Lime, the scooter and bike-sharing company backed by Uber, began trading on the Nasdaq with a market valuation of roughly $1.7 billion after its initial public offering. The company's shares rose in their market debut, marking a significant milestone for the electric mobility sector.
Background
Lime is an electric scooter and bike rental company operating in hundreds of cities worldwide. Uber is a major investor, and Lime vehicles are bookable through the Uber app. The company went public on the Nasdaq stock exchange (ticker: LIME) on July 1, 2026, pricing its IPO at $15 per share and reaching a market valuation of roughly $1.7 billion. This debut follows mixed public-market receptions for other mobility and gig-economy companies. Lime was launched in 2017, merged with rival Bird in 2023, and has faced regulatory pushback in many cities over sidewalk clutter, rider safety, and profitability questions. The IPO is seen as a test of whether shared electric micromobility can sustain itself as a viable public business.