Lime bike profits double as rider numbers surge in England

US-owned firm says average monthly users at UK arm surged to nearly 700,000 with sales up by a third Love them or hate them, Lime ebikes are an increasingly common sight on England’s roads with new figures showing annual profits more than doubling thanks to a surge in riders.

Lime’s average number of monthly users jumped 31% to approaching 700,000 as it added more than 4,500 ebikes and scooters to its fleet, taking…