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Lime’s CEO explains how the scooter company’s ‘near death experience’ during the pandemic helped set it up to turn a profit next year

Lime’s new CEO had his work cut out for him when he took over in May. As the coronavirus pandemic brought virtually all travel to a standstill, the scooter and bike-rental company’s revenues quickly fell more than 95%, CEO Wayne Ting told Business Insider in an interview.

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Lime halts scooter service in Switzerland after possible software glitch throws users off mid-ride

Just as on-demand electric scooters are trying to pick up speed in Europe, one of the scooter market’s most ambitious startups has halted operations in one country after its e-scooters started halting mid-ride, throwing off and injuring passengers.

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