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Dubai News Club > Tech > The scooter wars might be over, as Lime claims victory
Tech

The scooter wars might be over, as Lime claims victory

Press Room
Last updated: 2023/09/12
Press Room
Published: September 12, 2023
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The shared electric scooter business has gone through a series of ups and downs over the last few years — mostly downs, if we’re being honest — but now, one company is ready to claim the mantle of victor.

Lime released a new set of financial figures that it says proves that last year’s slim profits were no fluke. The company reported gross bookings of $250 million in the first half of the year, a 45 percent increase over the same period last year. And it’s touting an adjusted…

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