Lime bike profits double as rider numbers surge in England

Lime bike profits double as rider numbers surge in England

Lime, the US-based electric scooter and bike operator, reported that its UK division's profit has doubled after a sharp rise in usage. The company said average monthly riders in England reached roughly 700,000, and revenue grew by about one‑third compared with the previous period. The firm credited the rise to new bike models and more docking stations.