Uber-backed Lime aims to raise up to $180.9 million in US IPO

Lime, the electric bike and scooter rental company backed by Uber Technologies Inc., is pursuing a US initial public offering. The firm and its shareholders are seeking to raise as much as $180.9 million through this IPO process. This move marks a significant financial step for the Uber-backed entity as it looks to secure substantial capital from the public markets to support its ongoing operations and growth within the electric mobility sector.