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Lime, backed by Uber, files for IPO after 29% revenue growth in FY25, planning Nasdaq listing.

Market News
09 May 2026
Mohd Haider
Bullish
pluang ai news

Lime, the electric bike and scooter company supported by Uber, filed for a U.S. IPO, reporting a 29.1% revenue increase to $886.7 million in fiscal year 2025. The company operates in 230 cities across 29 countries and has achieved positive free cash flow for three consecutive years, though it remains unprofitable. Lime plans to list on Nasdaq under the ticker "LIME," with major banks like Goldman Sachs and JPMorgan Chase underwriting the offering. This IPO comes amid a strong U.S. IPO market rebound and a wave of high-profile tech listings expected in 2026.

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