Article 535TN Uber banks on two-wheeled future with $170m stake in Lime scooter rental firm

Uber banks on two-wheeled future with $170m stake in Lime scooter rental firm

by
Dominic Rushe
from Technology | The Guardian on (#535TN)
  • Ride-sharing business partners with Alphabet and Bain Capital
  • Uber's electric bike and scooter division will integrate with Lime

Uber led a $170m bet on Thursday that as the coronavirus pandemic upends its business, two wheels may be better than four.

Related: Invasion of the electric scooter: can our cities cope?

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