Uber-backed electric bike startup Lime hires banks for US IPO, sources say

Lime, a startup backed by Uber Technologies that operates an electric bike and scooter network, has hired investment banks to help it prepare for a long-awaited US initial public offering, according to people familiar with the matter.

The San Francisco-based startup is making preparations for a stock market launch that could happen next year, according to three people, with one of them adding Goldman Sachs and JPMorgan Chase have been retained to help with the flotation.