Micromobility giant Lime has successfully floated on the Nasdaq, raising $167 million and ending years of private turbulence. CEO Wayne Ting, who faced numerous doubts during Lime's nine-year journey, celebrated this milestone as a testament to resilience.

The company now operates in 230 cities across 29 countries, showing its global reach. However, it remains heavily reliant on Uber, which owns 24% of Lime and significantly impacts its revenues. Despite this, Lime has demonstrated profitability over the past three years, with free cash flow positive results.

Ting believes public market access will not only provide crucial funds for future growth but also make cities more willing to partner with Lime as a long-term, sustainable operator. While challenges remain, the IPO marks a significant leap forward for this micro-mobility leader.