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Uber Invests $170 Million in Lime Electric Scooters

July 11, 2023
in AI & Technology
Reading Time: 1 min read
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May.07 — Wayne Ting, Lime chief executive officer, discusses an investment round of $170 million by Uber Technologies Inc. in the scooter-rental company. The investment comes as a lifeline for the startup reeling from plunging customer numbers and companywide layoffs. Ting speaks on “Bloomberg Technology.”

source

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