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Scooter Startup Lime Has Put One Foot Out Of Singapore

You won鈥檛 see Lime scooters in Singapore, its Asia-Pacific headquarters. The Uber-backed scooter startup is withdrawing its application to run shared personal mobility services in the country over the short term, .

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This news also comes months after Uber partly left Singapore .

鈥淟ime has decided to reprioritize our efforts to meet the fast growing and strong demand for micromobilty around the globe,鈥 said , the global head of operations and strategy at Lime, in a statement sent to 附近上门 News.

A sandbox license would have given Lime the ability to pilot programs for its e-scooter business. By withdrawing the application for this license, it means we won鈥檛 see scooters from the company in that market.

Lime previously picked Singapore as the , citing economic growth and a high adoption rate of mobility devices. So Lime鈥檚 physical presence, despite abandoning the market, will continue through its corporate team.

Lime said its commitment in Singapore is 鈥渦nwavering.鈥

Lime鈥檚 journey may have started in , but its growth on many fronts has been impressive. Lime has secured $765 million in known funding. To compare, Singapore鈥檚 local scooter startup has secured $6.4 million in known funding, according to 附近上门 data. Beam , although it has not yet piloted scooters within Singapore.

叠别补尘鈥檚 , vice president of corporate affairs, told 附近上门 News that the company is committed to Singapore, and is working toward all requirements to secure a public sandbox license so it can pilot its scooters. It expects a 鈥減ositive outcome soon.鈥

“Beam is excited about Singapore and are confident that it will be a dynamic, safe and innovative market for e-scooter sharing services,鈥 he added in a statement.

Lime鈥檚 Ting told 附近上门 News in a statement that 鈥渢he exponential growth of our business requires us to prioritize our expansion efforts to ensure that we continue to deliver the best possible experience for our riders and just as importantly for the cities in which we serve.鈥

Earlier scooter news this week told us that Bird, another popular scooter startup, will raise a round valuing the firm comfortably above $2 billion. And last month, scooter startup Bird bought scooter startup Scoot. Lime itself raised $310 million in venture capital earlier this year.

It all comes to show that scooters are booming, consolidating, and now, reprioritizing.

Illustration: .

Editor’s Note: An earlier version of this article stated that Bird bought Skip. Bird bought Scoot. A correction has been made to reflect this change.聽

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