Tuesday 18 Aug, 2026

The electric scooter company is valued at 15 billion in its stock market debut

Lime Micromobility

Remove

E-scooter rental company Lime, with Uber among its major shareholders, is raising $167 million in connection with its listing on Nasdaq in the USA.

The shares were priced at $25, in the middle of the indicated pre-range of $24–$26, which corresponds to a company valuation of approximately $1.6 billion – or SEK 15.6 billion.

Lime's turnover last year was 887 million dollars, an increase of close to 30 percent from the previous year. Last year's net profit, however, was a loss of approximately 59 million dollars.

Lime shares begin trading on Wednesday.

Source: DI-TT.SE

Remove

Related posts

Summer vacation doesn't always mean returning to everyday life fully rested. Almost every second Swede, 46...
The new Swedish travel guarantee system has been met with harsh criticism from the industry for driving up...
The Malmö Festival 2026 has ended after eight days with over a thousand program items on around 20 stages...
Summer isn't even over before many Swedes start looking forward to their next vacation. A survey...

Popular posts

Our website uses cookies. Read more about our use of cookies: Privacy policy