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Uber banks on two-wheeled future with $170m stake in Lime scooter rental firm | Technology – Blog – Emails

Uber made a $170m bet on Thursday that as the coronavirus pandemic upends its business, two wheels may be better than four. The ride-sharing business has partnered with Alphabet, Google’s parent, and Bain Capital Ventures to invest the money in Lime, an electric scooter and bike rental company. Under the deal Uber will transfer Jump, […]