Lime (transportation company)
| |
A Lime bicycle in Seattle, July 2017 | |
Private | |
Industry | Bicycle-sharing |
Founded | January 2017 |
Founders |
Toby Sun Brad Bao |
Headquarters | San Mateo, California |
Website |
www |
Neutron Holdings, Inc. dba Lime, formerly LimeBike, is an American transportation rental company that runs bicycle and scooter sharing systems in various cities. The systems use dockless vehicles and a mobile app to unlock vehicles. Lime's service typically starts at $1/1€ for a 30-minute ride on the traditional bikes, while its fleet of electric bicycles and electric scooters charge $1 to unlock and 15 cents per minute.
History
LimeBike was founded in January 2017 and raised $12 million in venture funding led by Andreessen Horowitz in March 2017.[1] The company's first location, University of North Carolina at Greensboro, launched in June 2017 with 125 bicycles.[2] LimeBike expanded in July 2017 to the cities of Key Biscayne, Florida, South Bend, Indiana, and South Lake Tahoe, California.[3][4][5] On July 27, 2017, LimeBike launched with 500 bicycles in Seattle, Washington, becoming the city's second bikeshare operator.[6] The company closed a Series B round of venture funding in October 2017, announcing that it was valued at $225 million.[7] A $335 million funding round in 2018 led to a valuation of $1.1 billion for the company, making it a unicorn.[8] In November 2017, LimeBike announced NFL running back Marshawn Lynch as one of its brand promoters, partnering with his company Beast Mode Apparel.[9]
In May 2018, the company announced that it would rebrand as "Lime" and partner with Segway to produce new scooters.[10]
The city of Coronado, California impounded over a hundred Lime bikes in 2018, and the company had to pay $9,300 to recover them in July.[11]
In August 2018, the company signed a deal with Uber to provide them electric bikes for the expansion of their Uber Bikes service.[12]
Equipment and usage
Lime uses green-colored commuter bikes equipped with GPS units and 3G connectivity.[1][13] The bicycles also feature a front basket, a solar panel, and a smart lock. A mobile app is used to locate nearby bicycles and scan a QR code to unlock bicycles, which play a short chime.[1][14] Rides cost $1 for every 30 minutes of use.[1]
As of October 2017, Lime has 150,000 users.[15]
At CES 2018, Lime announced that they would begin a trial of electric bikes in San Francisco.[16]
Shortly after the release of Lime-E (electric bikes), Lime-S electric scooters were also announced.[17] In April 2018, these scooters were the subject of controversy after Lime left several hundred of them on the streets of US cities without the permission of municipal authorities:[18] public criticism of the project increased in June when it emerged that the scooters were programmed to play a recording of the message "Unlock me to ride me, or I'll call the police" repeatedly, at high volume, when their controls were touched.[19]
In May 2018, the company announced plans to begin development of transit pods, small self-driving electric vehicles.[20]
Locations
Lime currently operates in the following cities:[21]
United States
Lime also operates on the following college campuses:[21]
Outside United States
Notes
References
- 1 2 3 4 Kolodny, Lora (March 15, 2017). "LimeBike raises $12 million to roll out bike sharing without kiosks in the US". TechCrunch. Retrieved July 31, 2017.
- ↑ Newsom, John (June 1, 2017). "Green machines: New bike share program gets its start at UNCG". News & Record. Greensboro, North Carolina. Retrieved July 31, 2017.
- ↑ Diaz, Johnny (July 24, 2017). "What are those bright green bikes in Key Biscayne? It's LimeBike, new bike sharing program". Sun-Sentinel. Retrieved July 31, 2017.
- ↑ Parrott, Jeff (July 7, 2017). "Bike-sharing company LimeBike is coming to South Bend". South Bend Tribune. Retrieved July 31, 2017.
- ↑ "New bike ride share program to start in South Lake Tahoe Saturday". South Tahoe Now. July 11, 2017. Retrieved July 31, 2017.
- ↑ Soper, Taylor (July 27, 2017). "There are now 1,000 bike-share bicycles in Seattle as LimeBike officially launches service". GeekWire. Retrieved July 31, 2017.
- ↑ Carson, Biz (October 16, 2017). "LimeBike Now Valued At $225 Million After Investors Go All In On Bike-Sharing Craze". Forbes. Retrieved October 27, 2017.
- ↑ Robinson, Melia (July 10, 2018). "Uber, Google and top VCs just poured $335 million into scooter startup Lime — here's why one investor thinks it's the future of commuting". Business Insider. Retrieved 10 July 2018.
- ↑ Baldassari, Erin (November 20, 2017). "Oakland Raiders' Marshawn Lynch throws his weight behind LimeBike with sponsorship deal". Mercury News. Retrieved November 20, 2017.
- ↑ "Lime Rebrands and Announces a Partnership with Segway" (Press release). Lime. May 17, 2018. Retrieved June 15, 2018 – via PR Newswire.
- ↑ LimeBike paid $9,300 to pick up its impounded bikes
- ↑ Bond, Shannon (2018-08-26). "Uber gears up for shift to bikes on short trips, CEO expects short-term financial hit". CNBC. Retrieved 2018-08-27.
- ↑ Gutman, David (July 17, 2017). "Bike shares wheeling back into Seattle, but they're unlike Pronto in 2 big ways". The Seattle Times. Retrieved July 31, 2017.
- ↑ Machkovech, Sam (July 23, 2017). "Dockless bike sharing lands in Seattle—and leads us down unsavory alleyways". Ars Technica. Retrieved July 31, 2017.
- ↑ Carson, Biz (September 15, 2017). "With New Fundraising, 9-Month-Old Bike-Sharing Startup Is Said To Be Worth $200 Million". Forbes. Retrieved October 27, 2017.
- ↑ Rose Dickey, Megan (8 January 2018). "LimeBike unveils pedal assist e-bikes". TechCrunch. Oath Inc. Retrieved 9 January 2018.
- ↑ Dickey, Megan (February 12, 2018). "Lime bike is also getting into the E-Scooter game". TechCrunch.
- ↑ Carroll, Rory (25 April 2018). "Are ride-share electric scooters the future of urban transport?". The Guardian.
- ↑ Levin, Sam (7 June 2018). "Scooters littering city streets shout at people: 'Unlock me or I'll call the police'". The Guardian.
- ↑ Brustein Bloomberg, Joshua (11 May 2018). "Scooter company Lime is planning to deploy 'transit pods'". Toronto Star. Retrieved 13 May 2018.
- 1 2 "Locations". Lime. Retrieved October 4, 2018.
- ↑ "Bike Share - Transportation". City of Bellevue. Retrieved 5 October 2018.
- ↑ http://www.cityofmalden.org/content/malden-debuts-ofo-and-limebike-dockless-bike-sharing-programs
- ↑ Vaccaro, Adam (April 13, 2018). "Thousands of dockless bikes headed for Boston's suburbs". Boston Globe.
- ↑ Repko, Melissa (August 4, 2017). "Is Dallas shifting gears? LimeBike, Spin join Big D's bike-share market". The Dallas Morning News. Retrieved August 8, 2017.
- ↑ https://greenbaywi.gov/916/Bike-Share
- ↑ Bowen, Patty. "Bike share company deploys e-scooters in Meridian". IdahoPress.com. Retrieved 29 September 2018.
- ↑ https://www.mycentraljersey.com/story/news/local/union-county/2018/04/20/plainfield-launch-bike-share-program/524385002/
- ↑ http://www.rrstar.com/news/20180406/limebike-rolls-into-rockford-on-saturday
- ↑ http://www.mystateline.com/news/500-limebikes-to-hit-stateline-streets-saturday-morning/1105513591
- ↑ Melo, Frederick (September 19, 2018). "Lime rolls out 'dockless' bikes in St. Paul, complementing its scooters, and competing with Bird scooters". Twin Cities Pioneer Press. Retrieved October 4, 2018.
- ↑ "Walnut Creek latest to share in the bike-share movement". East Bay Times. 2018-01-23. Retrieved 2018-03-30.
- ↑ Lunden, Ingrid (December 11, 2017). "LimeBike, the cycle-sharing startup, expands to Europe as it hits 1M rides in the US". TechCrunch. Retrieved March 1, 2018.
- ↑ Auchard, Eric (December 11, 2017). "LimeBike expands to Europe as cycle-sharing rivalry mounts". CNBC. Retrieved March 1, 2018.
- ↑ Knoblach, Jochen (21 August 2018). "Neuer Fortbewegungstrend Elektro-Tretroller sollen auch bald in Berlin unterwegs sein". Berliner Zeitung. Retrieved 2 October 2018.
- ↑ Radio Bremen (March 11, 2018). "US-Firma startet Fahrradverleih in Bremen". Retrieved March 15, 2018.
- ↑ Cleanthinking.de (June 24, 2018). "Auch Lime bestätigt, das Angebot derzeit nicht aufrechterhalten zu können". Retrieved June 24, 2018.
- ↑ De Clercq, Geert (June 21, 2018). "Lime launches electric scooters in Paris, targets Europe". Reuters. Retrieved July 12, 2018.
- ↑ "Miliardový startup Lime míří do Česka se sdílenými elektrickými koloběžkami". CzechCrunch (in Czech). Retrieved 2018-10-07.
- ↑ "Lime llega a España: así es el servicio de patinetes eléctricos compartidos de Uber y Google". El Economista. June 21, 2018. Retrieved August 9, 2018.
- ↑ "Trotinetes elétricas da Lime já estão em Lisboa!" (in Portuguese). Lisbon. 2018-10-04. Retrieved 2018-10-13.
- ↑ Cahun, Antonio (2018-10-05). "Lime es otra compañía de scooters eléctricos compartidos que pronto comenzaría operaciones en México". Xataka (in Spanish). Mexico. Retrieved 2018-10-05.
- ↑ Zafra, Ignacio (2018-09-04). "Valencia exige a la empresa Lime que retire sus 200 patinetes eléctricos o lo hará la policía". El País (in Spanish). Valencia. Retrieved 2018-09-05.
- ↑ Weikle, Brandie (2 October 2018). "Lime e-scooters opens first Canadian location with pilot in Waterloo, Ont". CBC News. Retrieved 3 October 2018.