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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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How Scooters are Rewriting our Views of Personal Transportation

Now long after the original Segway was launched, I had the privilege of being able to test one. I had met its creator, Dean Kaman, at a dinner in San Jose a year before the Segway launch.

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Investor Frenzy for Scooter Startups Cools

The investor frenzy for shared electric scooters is cooling, as two leading startups lower their fundraising ambitions while dealing with vandalism, rising competition and other growing pains.

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