Ride-hailing giant Uber is set to be a key investor in Lime’s upcoming initial public offering (IPO), according to a report by The Information. Lime, a company specializing in electric scooters and bikes, intends to leverage Uber’s support as it enters the public market. The source indicates Uber will act as an “anchor investor,” signifying a substantial financial commitment. Details regarding the size of Uber’s investment were not disclosed in the report. This move highlights the continued consolidation and investment within the micro-mobility sector. The IPO details, including timing and valuation, remain undisclosed, but Uber’s involvement signals confidence in Lime’s growth potential. This partnership builds on existing collaborations between the two companies.