Uber, Alphabet invest in bike sharing service Lime


FILE PHOTO: California-based bike sharing startup LimeBike displays its bikes at a recently-launched pilot program in Burlingame, California, U.S. March 8, 2017. Photo taken March 8, 2018. REUTERS/Jane Lanhee Lee

Bike sharing service Lime said on July 9 it raised US$335mil (RM1.34bil) from a group of investors including ride-sharing firm Uber Technologies Inc and Alphabet Inc. 

Uber will work with Lime as a strategic partner in the electric scooter space with the companies working to co-brand Lime's scooters and make the service available on the Uber app. 

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