Lime, an electric bike and scooter rental company backed by Uber, files paperwork for an initial public offering (IPO) with the U.S. Securities and Exchange Commission, according to multiple reports. The company’s parent, Neutron Holdings, submits the filing on May 8, signaling plans to list in the United States this year. Media reports cite a target valuation of about $2 billion, though details such as the final offering size, pricing, and exact timeline are not specified in the sources provided.
Lime operates shared “bright green” electric bikes and scooters and has expanded its service footprint globally. One report says Lime operates in more than 230 cities worldwide, reflecting growth in its user base. At the same time, outlets note that Lime has not yet reached profitability, indicating that revenue and expansion have not translated into positive earnings.
Taken together, the articles describe an IPO filing by Lime/Neutron Holdings amid continued geographic growth and ongoing losses, with financial and deal-specific terms pending further disclosure in later filings.
