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Scooter Rental Company Lime Sees First Profits Amid Growing Demand for Short-Range Travel

By Douglas Busvine, Reuters

Baldesteinemanuel326  / Wikimedia

Lime’s first-ever profitable quarter has the company on track for a fully profitable 2021, company leaders say. Baldesteinemanuel326 / Wikimedia

Skift Take: Scooter, bike, and car-sharing platform Lime’s profitability shows there is a market for sustainable, short-distance travel. Watch for even more competitors to enter this sector.

— Cameron Sperance

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