Turnover: 466 million USD (2022)

Country: United States

Neutron Holdings, Inc. doing business as LimeBike, provides electric scooter sharing services in various countries. It offers bikes and scooters without terminals (free floating) to navigate via its mobile app. The company was founded in 2017 and is based in San Mateo, California. It is valued at over $2 billion.

november 19, 2020 - Lime electric scooters race to the top of the market - source(Les Echos)

  • 3 years of expansion for the start-up that has become a veritable industry.
  • Company now profitable after implementing a more austere policy
  • Withdrawal from 12 major US cities and 14% of its workforce by early 2020
  • Scooter lifespan extended from 6 months to 2 years
  • A new model with removable parts for simplified maintenance
  • 5000 scooters for Paris

News

Micromobility: Lime achieves profitability by 2022 21/02/2023

  • Start-up claims sales of $466 million in 2022, up 33% on 2021
  • Profitability in 2022 for the first time since its foundation five years earlier
  • The start-up does not give details of the breakdown of trips between Paris, Marseille and Le Havre, the three cities in which it operates
  • In 2022, 120 million journeys were made on Lime's machines, with a 75% increase in France
  • In Paris, it owns 5,000 scooters and 7,000 bikes, but has withdrawn its scooters Born in the heart of Silicon Valley, Lime is now a global company, deploying vehicles in over 250 cities in 30 countries

Scooters in Paris, a crucial issue for Lime 25/11/2022

  • Raised $1 billion since its creation in 2017
  • Loss of $300 million in 2019
  • Present in 280 cities
  • Sales: $400 million
  • In Paris in 2021, the three operators (Lime, Dot and Tier) together recorded ten million journeys with 1.2 million unique customers
  • Paris is crucial for the world leader in self-service scooters (in 2019, 16% of all rides since the company was founded)
  • Lime also operates shared bicycles and electric scooters

EXCLUSIVE - Lime withdraws from the Paris electric scooter market due to uncertain profitability. 09/12/2021

  • Lime, which wanted to challenge Cityscoot, has withdrawn its fleet of bikes and scooters from Paris, one of its biggest markets worldwide.
  • The Paris electric scooter market has become a highly competitive sector with the launch of three other players.
  • The American company, which raised $418 million for its IPO, has decided to cut its losses and has left the Paris market, leaving Jump's scooters behind.
  • Present in the French capital since summer 2018, Lime won the bid for the scooters and picked up Jump's bikes in a financial deal in 2020.

Studies mentioning this company

The self-service scooter market - France

Other companies mentioned:

  • Lime Neutron
  • Dott
  • Tier Mobility
  • Voi mobility
The market for electric scooters - UK

Other companies mentioned:

  • Lime Neutron
  • Voi mobility
  • Zipp
  • Beryl
  • Ginger
  • Dott
  • Xiaomi
  • Pure Electric
The electric scooter market - France

Other companies mentioned:

  • Xiaomi
  • Ninebot
  • Altermove (Mobivia Groupe)
  • Decathlon Groupe
  • Go Sport France
  • Dott
  • Tier Mobility
  • Voi mobility
  • Lime Neutron
  • Plume Mobility