How do Lime’s ebikes make money? Share market debut sheds light on finances
The firm’s public listing raised US$167m but analysts have been wondering for years: how does this business stack up? In April, Lime brought its green
The firm’s public listing raised US$167m but analysts have been wondering for years: how does this business stack up? In April, Lime brought its green ebikes and e-scooters to Canberra.
Before it had even arrived, the US micro-mobility firm had spent nearly US$2m. Lime’s experience in Australia’s sprawling capital is emblematic of a broader problem
at the core of a business heavy on capital outlay and light on income. Continue reading...
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