Lime plans to name Uber as anchor investor in IPO, The Information reports

Uber Technologies,Inc.

Uber Technologies,Inc.

UBER

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June 21 (Reuters) - Lime, which operates an electric bike and scooter network, plans to name ride-hailing firm Uber UBER.N as an anchor investor in its initial public offering, The Information reported on Sunday, citing a source.

The company is expected to start talks with IPO investors on a road show this week to raise about $200 million at about $1.8 billion valuation, the report said.

Reuters could not immediately verify the report.


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