Lime Exec: Scooters, Bikes, and Ride-Sharing Will Boost Real Estate Values

Could scooters boost your home value? David Richter, chief business officer of Lime, the e-scooter startup, believes so. The former Uber executive raised the possibility at Fortune’s Brainstorm Tech conference on Tuesday that streets decluttered of cars and cleared for other lightweight transportation options may lift real estate values. “Whether at Uber or Lime, I’ve […]

The Global Electric-Car Showdown Is Officially on in China

Inside Beijing Electric Vehicle’s headquarters, a glass-and-steel complex on the Chinese capital’s edge, a cafeteria awaits renovation so that cooks can crank out pizza and other Western fare for the posse of foreigners the company expects to hire. “We need to have a more international feeling,” says Wang Shitao, a Chinese engineer who earned a […]

Airbnb Is Buying Last-Minute Hotel Room App HotelTonight, Giving Itself Pre-IPO Momentum

Airbnb is taking another step into the broader travel industry with a new expansion into boutique hotels. The company, which built its business on renting homes, has agreed to purchase HotelTonight for an undisclosed amount. A travel app that helps users find last-minute hotel rooms at discounted rates, HotelTonight was valued at $463 million in […]