Uber will rent scooters through its app in partnership with Lime

By Eric Newcomer and Brad Stone
  • TECH Premium

  • Wednesday, 11 Jul 2018

A man shows the mobile application allowing to check the availability of electric scooters of the US company Lime on the day of their launch in Paris on June 22, 2018. / AFP PHOTO / Christophe ARCHAMBAULT

Electric scooter rental company Lime is teaming up with Uber to bring an unconventional mode of transportation to the world. 

Uber Technologies Inc is investing in Lime as part of a US$335mil (RM1.35bil) financing round, the companies plan to announce. The deal, led by Alphabet Inc’s venture arm GV, values the scooter business at US$1.1bil (RM4.43bil). 

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