Uber leads $170 million round in Lime and offloads Jump

ByJerome Smith
uber-leads-$170-million-round-in-lime-and-offloads-jump

http://feedproxy.google.com/~r/venturebeat/SZYF/~3/8HLpgjMTrL0/

Electric scooter company Lime has raised $170 million in a round of funding led by Uber, with participation from Alphabet, Alphabet’s VC arm GV, Bain Capital, among others. As part of the deal, Uber is transferring its electric bike service Jump over to Lime, which will “further expand” its integration with Uber’s mobile app.  » ….