Veo is a Santa Monica-based shared micromobility company that designs, manufactures and operates electric scooters, e-bikes and cargo bikes for cities and university campuses across North America. Founded in 2017 by Purdue graduates Candice Xie and Edwin Tan, Veo built the industry's most diverse vehicle fleet through an in-house design team and became the first profitable shared micromobility operator in the U.S. Rather than chasing growth at any cost, Veo bet on deliberate expansion, exclusive city and campus contracts, and durable, purpose-built vehicles - a strategy that delivered unadjusted EBIT profitability in 2024 while many better-funded rivals retreated.
Lime is the world's largest shared electric vehicle company, renting dockless e-scooters and e-bikes through a single app across more than 200 cities in nearly 30 countries. Founded in 2017 as LimeBike, it pitches micromobility as the practical alternative to short car trips: cheaper, electric, and carbon-free. After surviving a brutal industry shakeout, Lime has turned cash-flow positive and filed to go public on Nasdaq under the ticker LIME.
Wayne Ting is the CEO of Lime, the world's largest shared electric vehicle company, where since 2020 he has led the green scooter-and-bike fleet from cash-burning startup to the first profitable micromobility business of its kind. A Taiwan-born Nebraska kid turned Columbia class president, Obama policy advisor, and Uber chief of staff, he has spent his career on the operational side of big consumer platforms.