Morningstar

Uber-Backed E-Bike Rental Provider Lime Files for IPO

Provided by Dow Jones

By Colin Kellaher 




  Neutron Holdings, a provider of short-term electric-bike and scooter rentals that does business as Lime, has filed for an initial public offering. 



  The filing by the San Francisco company, which is backed by Uber Technologies, doesn't indicate how many shares it plans to sell or how much it is looking to raise. 



  Lime, which operated in about 230 cities across 29 countries as of the end of 2025, has a partnership with Uber under which Lime vehicles are featured as a ride option within the Uber app in nearly all of the companies' shared markets. 



  Uber and venture firm Andreessen Horowitz each own more than 5% of Lime, and Wayne Ting, Lime's chief executive, is a former Uber executive. 



  Lime posted a 29% rise in revenue to $886.7 million and a loss of $59.3 million in 2025. 



  Lime said it will apply to list its shares on the Nasdaq Global Select Market under the symbol LIME. 





  Write to Colin Kellaher at colin.kellaher@wsj.com 





  (END) Dow Jones Newswires



  May 08, 2026 07:16 ET (11:16 GMT)


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