Sunday, September 8, 2024

London's e-bike boom is frustrating local councils over parking issues, as Lime and Forest expand; Lime trips during peak hours have grown 91% YoY in 2024 (Joshua Gabert-Doyon/Financial Times)

Joshua Gabert-Doyon / Financial Times:
London's e-bike boom is frustrating local councils over parking issues, as Lime and Forest expand; Lime trips during peak hours have grown 91% YoY in 2024  —  Badly parked and abandoned vehicles cause frustration for local authorities  —  London has seen a surge in rented e-bikes this summer …



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Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI (Luz Ding/Bloomberg)

Luz Ding / Bloomberg : Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part du...