Lime, a San Francisco-based electric scooter and bike-sharing provider, obtained a permit to operate in Montreal and expects to make its debut there in the near future. Lime is the first e-scooter sharing service authorized by the city to provide equipment for Montreal’s streets. Lime, which currently operates in more than 150 cities worldwide, is valued at $2.4 billion. IDG Capital joined Lime's Series A funding round in 2017.