Micromobility in limbo: Takeaways from Paris and LA
TechCrunch LA
DECEMBER 31, 2022
” Lime credited its local staff, work with city officials and investments in hardware for the apparently strong year, but the company did not respond when TechCrunch asked if its LA operations are currently profitable. “This had led to an imbalance of vehicle supply to rider demand as operators over-saturate the market.”
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