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May 9, 2026 4:00 AM

Uber-Backed Lime Files For IPO After 29% Revenue Growth In FY25

The electric bike and scooter operator backed by Uber Technologies (NYSE:UBER), Lime, filed for a U.S. initial public offering on Friday, disclosing 29.1% revenue growth to $886.7 million in fiscal year 2025, planning to list on Nasdaq under the ticker “LIME.”

IPO Amid Strong Revenue Growth

Founded in 2017 and led by former Uber executive Wayne Ting, Lime operates in roughly 230 cities across 29 countries and has posted positive free cash flow for three consecutive years. It remains loss-making.

Lime's revenue for the three months ended Mar. 31 was $170.15 million, up from $129.015 million in the same period a year earlier.

Goldman Sachs (NYSE:GS), JPMorgan Chase