Uber led a $170m funding round in Lime.

Uber Technologies led a $170m funding round in bike-sharing service provider Lime. Other investors include Alphabet, Bain Capital Ventures and GV. “Micromobility will be vital to the new world affected by Covid-19 and we are already seeing this as cities begin to move again. With our new financing and expanded offerings, we are strongly positioned to meet the needs of riders in a safe and reliable way,” Wayne Ting, Lime CEO.