Lime plans to name Uber as anchor investor in IPO: report
Lime, which operates an electric bike and scooter network, plans to name ride-hailing firm Uber as an anchor investor in its U.S. initial public offering, The Information reported on Sunday, citing a source.
* Uber is expected to invest a “meaningful” amount in the deal and be named as an anchor investor on the cover of an updated IPO prospectus that Lime plans to file on Monday, the report said.
* Reuters could not immediately verify the report. Uber and Lime did not immediately respond to Reuters’ requests for comment.
