Lime, the electric bike and scooter rental company backed by Uber, has officially filed for an initial public offering (IPO) aiming to list on Nasdaq under the ticker 'LIME.' The company has shown growing revenue, reaching $886.7 million in 2025, though it has yet to turn a profit, with net losses narrowing to $59.3 million in 2025. Lime benefits from a strong partnership with Uber, which contributed about 14.3% of its revenue last year and helped expand its presence to 230 cities across 29 countries. The IPO marks a significant step for Lime as it seeks to capitalize on favorable market conditions after years of preparation and growth.
Uber Technologies reported a 21% year-over-year increase in gross bookings and a 42% rise in non-GAAP operating income for Q1 2026, alongside $2.28 billion in free cash flow. The company now has over 50 million Uber One members and projects 18-22% gr...
Uber's chief product officer Sachin Kansal shared the company's vision to grow beyond ride-hailing into travel planning, hotels, AI-powered shopping, and autonomous vehicles. Uber aims to create a hybrid network combining human drivers and robotaxis,...
Zipline, a drone delivery startup, is rapidly expanding its U.S. operations by hiring former Tesla, Uber Eats, and Waymo executives to scale its business. The company now completes one drone delivery every 20 seconds and has surpassed 2.5 million com...
Uber Technologies is reportedly in advanced talks to acquire Delivery Hero, a major German food-delivery company, aiming to finalize the deal soon. Uber already owns about 25% of Delivery Hero's shares and holds additional derivatives, giving it near...
Uber is broadening its services beyond ride-hailing and food delivery to include hotel bookings, boat rentals, and shopping features, aiming to become a travel-focused platform. It is also developing financial products for drivers and merchants, such...
