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GV (Google Ventures) and Uber are among the groups that invested $ 335 million in Lime alongside Alphabet, Google's parent company, and other investors, announced Toby Sun, one of Lime's leaders. The investment doubles as a partnership that will allow users to book a Lime scooter from the application Uber .
"These new resources will give us the opportunity to expand our operations globally , to develop new technologies and products for our consumers as well as our infrastructures and our teams ", added Toby Sun.
Uber had acquired in April another start-up specialized in shared electric bicycles , Jump. Its main rival in the United States, Lyft, followed suit by announcing last week the acquisition of Motivate, also specialized in bike-sharing.
Valued $ 1 billion
Lime offers its electric scooters in some 70 cities around the world, including, since last month, Paris. With this new investment, Lime's valuation would exceed $ 1 billion. The other participants are IVP, Atomico and Fidelity Management and Research Company who join Andreessen Horowitz, Coatue, Fifth Wall and the Singaporean sovereign wealth fund GIC.
(with AFP)
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