Tech
Uber-backed electric bike startup Lime hires banks for US IPO, sources say
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Lime, a startup backed by Uber Technologies that operates an electric bike and scooter network, has hired investment banks to help it prepare for a long-awaited US initial public offering, according to people familiar with the matter.
The San Francisco-based startup is making preparations for a stock market launch that could happen next year, according to three people, with one of them adding Goldman Sachs and JPMorgan Chase have been retained to help with the flotation.
The IPO could value the firm significantly higher than its valuation in 2020…
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