Thursday, January 9, 2020

Lime Shuts Down E-Scooter Services In Phoenix

E-scooter company Lime is retreating from Phoenix, Arizona, as part of a broader shutdown of services in cities where it says it is not seeing a profitable business. Lime said that it is shutting down in "select communities throughout the world where micromobility has evolved more slowly" as it has "shifted our primary focus to profitability". Lime said that, in addition to Phoenix, it is retreating from Atlanta, San Antonio, and San Diego in the United States; Linz, Austria in Europe; and Bogotá, Buenos Aires, Montevideo, Lima, Puerto Vallarta, Rio de Janeiro and São Paulo in Latin America.