16 Oct

LimeBike raises $50M to further its bike-sharing ambitions

 LimeBike, one of several companies competing in the rapidly expanding bike-sharing space, has raised a $50 million C round to continue building out the operation. The company is also looking into ways to differentiate itself from the competition — including the two 900-pound Chinese gorillas in the industry, Ofo and Mobike. Read More
Source: TechCrunch – Funding and Exits

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