In brief: US scooter-sharing service Lime picks Singapore as regional HQ

• US scooter-sharing service Lime has picked Singapore to be its regional headquarters in the Asia-Pacific, with its Central Business District-located hub slated to open in the third quarter of this year, reports The Straits Times.
• The move follows the firm’s plan to expand globally, after piloting its electric scooters last November with Ascendas-Singbridge Group.
• Since then, Lime has invested in in-house research and development for new e-scooter models that meet local safety and usage needs.
• Neuron, Beam, Telepod, and Grab also operate their own scooter-sharing services in Singapore.

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• These Singaporeans built a scooter startup and sold it to Ford for $100m in 20 months
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