Uber-backed Lime Files for IPO

Lime, the electric scooter and bike-sharing company backed by Uber, has officially filed for an initial public offering (IPO). This move signals the startup's intention to transition from a privately held entity to a publicly traded company. The IPO filing comes as Lime continues its expansion efforts, aiming to capitalize on the growing micro-mobility market. Investors will be closely watching the company's financial performance and growth strategy as it prepares to enter the public markets, seeking to replicate the success of other mobility-focused tech companies.