@wayneting
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Lime CEO @wayneting says the average Lime vehicle generates $7.50/day in revenue with 50%+ cash margins.
“Because we're able to get that level of margins, we pay back our vehicles in less than a year.”
Lime IPO'd earlier this month, raising $167M.
From his appearance on the show last week.View quoted post on X
.@limebike deploys 500 e-bikes fitted with child seats in Paris to move away from a “one-size-fits-all” shared micromobility offering.
Read more: zagdaily.com/trends/lime-ro…View quoted post on X
We're partnering with London authorities to make sure that our services work for everyone ✅
Tom Sleigh, City of London Planning and Transportation Committee Chairman, told us about the work he's done to make the streets cleaner and safer - and why Lime is key to this strategy.
Learn more about our progress here: li.me/en-gb/londonac…View quoted post on X
.@limebike has just surpassed 1 Billion ride milestone.
"Reaching one billion rides is a powerful testament to the dedication of our global teams and the incredible support of our riders, city partners and local partners,"
- @wayneting, CEO of Lime.View quoted post on X
