Lime to take over some e
The Canadian arm of e-scooter service Lime says it has acquired rival Neuron Mobility Canada Ltd. and will take over the company’s operations in several cities.
Rachel Rappaport, Lime Canada’s senior regional lead of government relations, refused to reveal the value and structure of the deal struck between the two businesses, which offer competing e-scooter and e-bike rentals.
However, Lime says the transaction will see it take over Neuron’s operations in 12 Canadian cities and regions.
The locations include Calgary, Lacombe, St. Albert, Beaumont, Blackfalds, Sylvan Lake, Red Deer and Airdrie in Alberta, as well Saskatoon and Regina in Saskatchewan and Waterloo and Ottawa in Ontario.
Following a brief transition period, Lime says it will assume operations from Neuron on a city-by-city basis throughout the coming months and will ultimately operate its own infrastructure under the Lime brand.
Neuron Mobility was founded in Singapore in 2016 and is best known for its bright orange bikes and scooters.
Related Stories
AI News
'World cup storm' and 'King puts foot down'
28 minutes ago
AI News
Student shatters Guinness World Record
28 minutes ago
AI News
Cristiano Ronaldo: Portugal captain confirms he has played his last World Cup match but won't make rash decision on international future
28 minutes ago
AI News
Toronto sees modest economic boost from World Cup as city’s hosting gig nears end
28 minutes ago
AI News
Hailstorm floods streets, basements in Swift Current, Sask.
29 minutes ago
AI News
5 key takeaways from Canada choosing Germany's submarine bid
29 minutes ago
AI News
Prime Minister Carney announces the preferred supplier for the Canadian Patrol Submarine Project
29 minutes ago
AI News
Fatal motorcycle crash leaves travellers stranded on Sea-to
30 minutes ago