Uber-backed Lime files for US IPO, reveals revenue surge

Uber-backed micromobility operator Lime has filed for Nasdaq IPO under ticker symbol "LIME", reporting revenue growth of 29.1% to $886.7 million. The electric bike and scooter rental startup operates across 230 cities in 29 countries and posted cash flow for a third straight year. Lime is expected to use IPO proceeds to fund operations, debt repayment, technology investments and acquisitions.