- Lime grew by 26% in the past year and increased profitability by 6.6 times.
- Retiring the risk of shared micromobility being just a subsidy from investors was crucial.
- Lime focused on being the lowest cost provider of high-quality service.
- Understanding the low margin, high volume nature of the transportation business was key.
- Lime aims to continue diversifying globally, with a focus on Europe and North America.
- Geographic expansions are evaluated based on market conditions and profitability.
- Lime remains disciplined in choosing expansion locations and constantly reevaluates markets.
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