• Uber poised to make investment in scooter-rental business

    6 days ago - By Chron

    Uber appears to be getting into the scooter-rental business.
    The ride-hailing company tweeted a link Monday to a story about an Uber investment in Lime, a startup based in San Mateo, California.
    Bloomberg News reports the companies will announce that Uber is investing in Lime in a deal that values the scooter outfit at $1.1 billion. The report says Uber will put its names on the bikes.
    Customers can rent Lime scooters in many urban locations and leave them parked for the next customer to ride. The company is looking to buy tens of thousands of lightweight scooters to expand its reach.
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  • A Taste of Lime: Uber Invests in Electric Scooter Company

    6 days ago - By NY Times

    The investment in the electric scooter start-up is the latest effort by Uber to expand beyond ride-hailing.
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  • Uber's app is going to let you rent an electric scooter to zip around town

    Uber's app is going to let you rent an electric scooter to zip around town

    6 days ago - By Business Insider

    Uber is partnering with Lime to allow users to rent a scooter directly in the Uber app.
    Uber also invested in Lime during its most recent funding round announced Monday.
    It's unclear if JUMP, the electric bike company acquired by Uber earlier this year, will continue to pursue its own plans for a scooter fleet.
    In addition of cars and bikes, users will soon find something new inside the Uber app: scooters.
    The ride-hailing giant announced Monday that users will be able to rent a Lime scooter directly in the Uber app. The announcement comes as the ride-hailing giant also announced it...
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  • Olive Wren, a socially conscious luxury home brand, joins a crowded market

    6 days ago - By Fast Company

    Coming off last month's news that Parachute has raised $30 million in funding, another high-end bedsheet startup is entering the fray this week, joining an increasingly crowded space that includes home brand startups like Brooklinen, Snowe, and Flaneur. Jacob Xi and Anni Stromfeld just launched Olive Wren, a home brand that currently makes one product: high-quality linen...
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  • A startup in the West Coast scooter-sharing craze has squeezed $335 million in funding - here's why one VC is betting Lime could be the next Uber

    A startup in the West Coast scooter-sharing craze has squeezed $335 million in funding - here's why one VC is betting Lime could be the next Uber

    6 days ago - By Business Insider

    Scooter startup Lime is raising $335 million.
    The startup is also partnering with Uber, who also invested, which will allow Uber to introduce scooter rentals in its app.
    We talked to one of Lime's investors about what the hype was about, and he explained why he thinks Lime could be the next Uber.
    Less than two weeks after its competitor raised new funding, Lime, one of the most buzzworthy scooter startups to emerge in the last year, has squeezed its investors for another $335 million, the company announced on Monday.
    Alphabet's tech investing group GV led the latest round, which included...
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  • A startup in the West Coast scooter-sharing craze has squeezed $335 million in funding - here's why one VC is betting Lime could be the next Uber

    A startup in the West Coast scooter-sharing craze has squeezed $335 million in funding - here's why one VC is betting Lime could be the next Uber

    6 days ago - By Business Insider

    Scooter startup Lime is raising $335 million.
    The startup is also partnering with Uber, who also invested, which will allow Uber to introduce scooter rentals in its app.
    We talked to one of Lime's investors about what the hype was about, and he explained why he thinks Lime could be the next Uber.
    Less than two weeks after its competitor raised new funding, Lime, one of the most buzzworthy scooter startups to emerge in the last year, has squeezed its investors for another $335 million, the company announced on Monday.
    Alphabet's tech investing group GV led the latest round, which included...
    Read more ...