Mmastodon BusinessBusiness first seen 23 h ago, last 22 h ago, peak #4
Lime bike profits double as rider numbers surge in England
Original: Lime bike profits double as rider numbers surge in England https://www.theguardian.com/world/2026/sep/27/lime-bike-profi
Ride-hailing and bike-share operator Lime has reportedly doubled its profits in England as the number of people using its rental bikes surges. The growth points to rising demand for dockless cycle hire in English cities, where commuters and leisure riders are increasingly turning to shared bikes. It is a notable sign of financial momentum for micromobility services after years of losses across the sector.
Why now: Fresh reporting on Lime's doubling of profits shows the bike-share business model turning profitable amid booming ridership.
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Evidence
- Lime bike profits double as rider numbers surge in England https://www.theguardian.com/world/2026/sep/27/lime-bike-profits-double-rider-numbers-surge-england # Transport # Cycling # Business · guardian_world@robot.villas · 3
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