Quantcast

Uber poised to make investment in scooter-rental business - KZTV10.com | Continuous News Coverage | Corpus Christi

Uber poised to make investment in scooter-rental business

Posted: Updated:
Lime scooter rental photo courtesy: MGNonline Lime scooter rental photo courtesy: MGNonline

Uber appears to be getting into the scooter-rental business.
    
The ride-hailing company tweeted a link Monday to a story about an Uber investment in Lime, a startup based in San Mateo, California.
    
Bloomberg News reports the companies will announce that Uber is investing in Lime in a deal that values the scooter outfit at $1.1 billion. The report says Uber will put its names on the bikes.
    
Customers can rent Lime scooters in many urban locations and leave them parked for the next customer to ride. The company is looking to buy tens of thousands of lightweight scooters to expand its reach.
    
For Uber, the move follows its purchase earlier this year of Jump Bikes, which rents electric bicycles in a half-dozen cities including San Francisco, Chicago, and Washington.

(Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

WEATHER
Coastal Bend Radar
  • Most Popular StoriesMost Popular StoriesMore>>

  • Mom accused of letting men rape her 2-year-old daughter

    Mom accused of letting men rape her 2-year-old daughter

    Saturday, July 21 2018 1:57 AM EDT2018-07-21 05:57:52 GMT
    Azzie Watson photo: Jackson County Sheriff’s Office via APAzzie Watson photo: Jackson County Sheriff’s Office via AP

    KANSAS CITY, Mo. (AP) — A Kansas City-area woman has been charged with letting men rape her 2-year-old daughter. Twenty-five-year-old Azzie Watson, of Independence, was charged Tuesday with child abuse and endangerment. Bond is set at $75,000. No attorney is listed for her in online court records. WDAF-TV reports that court documents say Watson’s boyfriend recorded Watson talking about repeatedly taking her daughter to a house where her daughter was raped about five...

    KANSAS CITY, Mo. (AP) — A Kansas City-area woman has been charged with letting men rape her 2-year-old daughter. Twenty-five-year-old Azzie Watson, of Independence, was charged Tuesday with child abuse and endangerment. Bond is set at $75,000. No attorney is listed for her in online court records. WDAF-TV reports that court documents say Watson’s boyfriend recorded Watson talking about repeatedly taking her daughter to a house where her daughter was raped about five...

  • Bus crash leaves more than 20 ballet students injured

    Bus crash leaves more than 20 ballet students injured

    Sunday, July 22 2018 9:25 PM EDT2018-07-23 01:25:53 GMT

    PITTSBURGH (AP) - A crash involving two buses in downtown Pittsburgh has left more than 20 ballet students injured. 

    PITTSBURGH (AP) - A crash involving two buses in downtown Pittsburgh has left more than 20 ballet students injured. 

  • Woman is cockroach mad at Corpus Christi City officials

    Woman is cockroach mad at Corpus Christi City officials

    Friday, July 20 2018 9:11 PM EDT2018-07-21 01:11:48 GMT

    Patricia Polastri is mad. How mad? Cockroach mad. She's taken her case to the city.  

    Patricia Polastri is mad. How mad? Cockroach mad. She's taken her case to the city.  

Powered by Frankly

© KZTV10.com 2018, KZTV10.com
A SagamoreHill Broadcasting station
All rights reserved
Privacy Policy, | Terms of Service, and Ad Choices

Can't find something?