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Daily Digest

Uber-backed Lime raises $167 million in US IPO

Published Wednesday, July 1, 2026 · Updated July 1

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Narrative Spectrum

Convergent Narrative · 0
  • IPO Details and Market Context1 source

Media Analysis

AI synthesis

Lime, a company backed by Uber, successfully completed its U.S. initial public offering, raising $167 million. The offering involved selling 6.68 million shares at a price of $25 each, contributing to a trend of new listings in a revitalized market.

What We Know — Key Points

  • Lime raised $167 million in its U.S. initial public offering.
  • Lime sold 6.68 million shares at $25 each during its IPO.

What Is Claimed — Perspectives

IPO Details and Market Context
  • Channel News Asia

    Lime, backed by Uber, raised $167 million in its U.S. initial public offering by selling 6.68 million shares at $25 each. This move joins a growing list of companies tapping a revived market for new listings.

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