https://techcrunch.com/2019/12/17/uber-doubles-down-on-micromobility/

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

Today we’re looking into Uber’s bike bet and what the push could mean for Lime and other micromobility companies working to find a sustainable business model. As profitability comes back into vogue among investors at the expense of growth, both Uber and a cadre of mobility-focused startups are hoping that electric- and pedal-powered transport pay off.