US e-scooter giant names Singapore as HQ for Asia-Pacific

Lime currently runs shared e-scooter services at places including Singapore Science Park 1 and 2, International Business Park and Changi Business Park.
Lime currently runs shared e-scooter services at places including Singapore Science Park 1 and 2, International Business Park and Changi Business Park.PHOTO: LIME

American e-scooter giant Lime has chosen Singapore as its Asia-Pacific headquarters, with the decision announced internally two weeks ago.

The move could see the company, which is valued at over US$2.4 billion (S$3.25 billion), increase its team in Singapore by as much as three-fold by the end of the third quarter.

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A version of this article appeared in the print edition of The Straits Times on April 02, 2019, with the headline 'US e-scooter giant names S'pore as HQ for Asia-Pacific'. Print Edition | Subscribe