Business

LimeBike's Expansion Shows How Bike-Share Wars Are Escalating

The bike-sharing wars have escalated. What started as healthy competition between two powerful, well-funded Chinese companies and a handful of scrappy American upstarts has intensified into a trash-talking land grab involving electric scooters, electric bikes, and plenty of Silicon Valley-style ambition. In October, LimeBike the favored competitor of Silicon Valley venture firms Andreessen Horowitz and …