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The Economic Times — Techeconomictimes.indiatimes.com

Lime plans to name Uber as anchor investor in IPO: report (opens original article in a new tab)

TL;DR

Lime plans to name Uber as an anchor investor in its U.S. IPO, with Uber expected to invest a significant amount and guarantee a $115 million loan.

  • Lime plans to name Uber as anchor investor in its U.S. IPO
  • Uber is expected to invest a 'meaningful' amount in Lime's IPO
  • Lime intends to use IPO proceeds to fund operations and repay debt

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