{"id":1018271,"date":"2026-07-02T07:48:37","date_gmt":"2026-07-02T02:18:37","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1018271"},"modified":"2026-07-02T07:53:34","modified_gmt":"2026-07-02T02:23:34","slug":"uber-backed-lime-rides-ipo-wave-to-1-73-billion-valuation-in-nasdaq-debut","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/07\/02\/uber-backed-lime-rides-ipo-wave-to-1-73-billion-valuation-in-nasdaq-debut\/","title":{"rendered":"Uber-backed Lime rides IPO wave to $1.73 billion valuation in Nasdaq debut"},"content":{"rendered":"<p>Uber-backed Lime&#8217;s shares jumped 8% in its Nasdaq debut on Wednesday, signaling robust investor confidence in the e-scooter and bike operator&#8217;s business model and valuing the company at about $1.73 billion. <\/p>\n<p>Lime, founded in 2017, is based in San Francisco, California, and provides short-term rentals of electric bikes and scooters in more than 230 cities worldwide. <\/p>\n<p>Shared e-bikes \u200cand scooters \u2060have gained \u2060popularity among commuters in densely populated cities, where their affordability and convenience have made them popular options for short trips.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Uber-backed Lime&#8217;s shares jumped 8% in its Nasdaq debut on Wednesday, signaling robust investor confidence in the e-scooter and bike operator&#8217;s business model and valuing the company at about $1.73 billion. Lime, founded in 2017, is based in San Francisco, California, and provides short-term rentals of electric bikes and scooters in more than 230 cities worldwide. Shared e-bikes \u200cand scooters \u2060have gained \u2060popularity among commuters in densely populated cities, where their affordability and convenience have made them popular options for short trips.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1018271","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1018271","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1018271"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1018271\/revisions"}],"predecessor-version":[{"id":1018292,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1018271\/revisions\/1018292"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1018271"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1018271"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1018271"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}