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Electric bike start-up Lime hires banks for IPO, Reuters reports

Lime, an electric bike and scooter start-up backed by Uber (UBER), has hired investment banks as it makes preparations for an initial public offering that could happen next year, people familiar with the matter told Reuters’ Echo Wang and Anirban Sen. Goldman Sachs (GS) and JPMorgan Chase (JPM) have been retained to help with the stock market launch, one of the sources indicated.

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