Estonian micromobility companies Ampler and Kõu Mobility have decided to merge. The companies inked an investment and share-swap agreement that makes Kõu the new majority shareholder of Ampler, the firms announced Wednesday (Feb. 14). It’s the latest example of the growing popularity of e-bikes and...
The micromobility company Lime has launched its electric bikes and scooters in Qatar. The company said in a press release on Wednesday (Jan. 18) that its Gen4 bikes and scooters would be available to users of its app in Doha starting this week. “We are...
Paris micromobility firms have introduced new rules for electric scooters. Following threats from city officials to not renew operating licenses next year due a lack of adequate safety measures in the capital, three eScooter operators — Lime, Dott and Tier — have all announced upgrades...
Urban mobility company Lime has raised $523 million in an effort to ramp up production of its newest line of eScooters and eBikes, all in preparation to go public next year, Reuters reported Friday (Nov. 5). Lime said the funds came from convertible debt and...
September 21, 2020
The wild, unprecedented and totally unanticipated changes that the pandemic has wrought means every business has to ask itself tough questions if it wants to survive, Lime Chief Financial Officer Andrea Ellis told Karen Webster in a recent conversation. “I think COVID has forced all businesses to be really focused on maintaining cost discipline,” Ellis […]
August 08, 2019
Whether it’s a merchant or their customer, an employer or their employee — every party involved in a transaction wants to be paid immediately, without any hassles or surprises. That’s...
November 08, 2018
Scooters are so retro that they are almost brand new. That might seem, from certain angles, a decent problem to have: A mode of transportation often associated with the same...
April 03, 2023
Paris will ban electric scooter rental services effective Sept. 1. The move follows a Sunday (April 2) referendum in which 89% of those who voted favored the ban, The Wall Street Journal (WSJ) reported Sunday. The French capital had been a pioneer in the urban transportation market and currently has three eScooter providers with contracts […]
February 14, 2023
Estonian micromobility companies Ampler and Kõu Mobility have decided to merge. The companies inked an investment and share-swap agreement that makes Kõu the new majority shareholder of Ampler, the firms...
January 18, 2023
The micromobility company Lime has launched its electric bikes and scooters in Qatar. The company said in a press release on Wednesday (Jan. 18) that its Gen4 bikes and scooters...
November 05, 2021
Urban mobility company Lime has raised $523 million in an effort to ramp up production of its newest line of eScooters and eBikes, all in preparation to go public next...