Uber Eyes $20M Stake in Lime’s $1.8B IPO with Two-Year Lock-Up
UBER•Entities affiliated with Uber signaled interest in acquiring up to $20 million of Lime’s 6.68 million-share IPO at $24–$26 per share, supporting a $1.8 billion valuation. Any shares Uber purchases will be subject to a staggered two-year lock-up restriction.
1. Uber’s Potential Stake in Lime IPO
Entities affiliated with Uber have indicated nonbinding interest in buying up to $20 million of Lime’s offering, which comprises 6,679,791 shares priced between $24 and $26. This purchase would occur on the same terms as other investors and reflects Uber’s continued strategic alignment with the micromobility operator.
2. Lock-Up Restrictions and Strategic Partnership
Any shares acquired by Uber will be subject to a lock-up agreement restricting sales or transfers, with staggered releases over two years from the IPO prospectus date. Uber’s integration of Lime vehicles into its app generated 14.3% of Lime’s $886.7 million 2025 revenue, underscoring the ongoing partnership dynamics.
