20VC: Lime's CEO on Going from Losing $3 on Every $1 to $90M in EBITDA | How Lime Built the Global Leader in Micromobility When Competitors Went Bust | Losing 90% of Revenues in COVID and The Uber Deal That Saved the Company with Wayne Ting

997.353 - 1020.031 Wayne Ting

Today, Lime is the clear global leader, and we are the market leader in almost every market where we operate. Last year, we did over $600 million in gross bookings. Our four-year top-line CAGR was 30%. In each of those four years, we expanded our profit margins. And last year, we did over $90 million in company-wide EBITDA. The same year, our biggest competitor went to Chapter 11.