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Lime acquired the Jump e-bike and scooter business from Uber in May 2020, along with a $170 million funding round led by Uber, with Bain Capital Ventures and GV participating. The deal valued Lime at $510 million, down 79% from its $2.4 billion valuation in April 2019. At the same time, Brad Bao stepped down as CEO, replaced by Wayne Ting. [25]
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Consumer Reports (CR), formerly Consumers Union (CU), is an American nonprofit consumer organization dedicated to independent product testing, investigative journalism, consumer-oriented research, public education, and consumer advocacy.
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E-bikes have reached a market share of 10% by 2009, as e-bikes sales quadrupled from 40,000 units to 153,000 between 2006 and 2009, [83] and the electric-powered models represented 25% of the total bicycle sales revenue in that year. [82]
Reports indicated that multiple pedestrians were struck and injured by a yellow taxi that jumped the curb at 34th Street and 6th Avenue outside Macy’s in Herald Square on Dec 25, 2024. LP Media ...
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