As Uber (reportedly) squeezes Lime, scooter startups run low on juice

As Uber (reportedly) squeezes Lime, scooter startups run low on juice

4 years ago
Anonymous $pSba0tWIcA

https://techcrunch.com/2020/05/05/as-uber-reportedly-squeezes-lime-scooter-startups-run-low-on-juice/

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.

In December of 2019, this column wrote an entry detailing Uber’s micro-mobility efforts. Just six months ago — a mere two quarters — Uber’s Jump team was on the record saying that its parent company wanted to “double down on micro-mobility.” At the time, before COVID-19 and the decline in human travel, it made some sense.

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