Uber investment deepens ties with scooter startup Lime | Malay Mail

Uber’s Jump electric bikes and scooters will be managed by micromobility rival Lime under a tie-up between the two companies. — AFP pic

“Today’s announcement means that riders around the world will have even more integrated micromobility options at their fingertips, making car-free travel easier than ever before,” the two firms said in a joint statement. Also joining in the investment round are Alphabet, Bain Capital Ventures, GV and other existing and new investors, according to the statement.

Both firms have been struggling with a massive slump in demand due to the coronavirus outbreak and related lockdowns around the world.

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