Miguel Cordon · · 1 min readE-scooter startup Lime withdraws Singapore license application
Electric scooter-sharing startup Lime has withdrawn its application for a sandbox license with Singapore’s Land Transport Authority (LTA).
Photo credit: Lime
Wayne Ting, global head of operations and strategy for Lime, said in a statement that the company has decided to “reprioritize our efforts to meet the fast-growing and strong demand for micromobilty around the globe.”
Ting added that the US-based company will continue to be committed to Singapore and will maintain its corporate support team in the city-state.
Lime also said it plans to continue working with the LTA in the future.
The development comes just months after the company picked Singapore to be its regional headquarters in Asia Pacific, with its hub scheduled to open during Q3 2019. Lime has since then invested in research and development for e-scooters suited for local safety and usage needs.
Editing by Charmaine de Lazo
(And yes, we’re serious about ethics and transparency. More information here.)
Stay updated on the go with our mobile app.
Get latest insights with smoother, more personalized experience through TIA mobile app.
