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Photo: Justin Sullivan/Getty Images

It turns out scooter rentals are popular: Lime and Bird have each already crossed the 10 million ride mark, with Lime recently reaching 11.5 million (including bike rides).

Why it matters: Scooter rentals are seen as the "new ride-hailing" by investors and users alike, the former chasing the next transportation hit and the latter looking for an easy alternative to auto traffic. At least for now, it looks like Bird and Lime are neck and neck in the race.

  • Caveat: It's unclear which company achieved 10 million rides fastest. Lime had crossed the mark at least by August 30, per a tweet from CEO Toby Sun, but Bird has declined to share its exact date.

For comparison, Lyft had amassed only one million rides a year after debuting in August 2012. It took about 17 months for Uber to reach 10 million UberX rides in Australia alone (2014-2015).

Lime and Bird by the numbers:

  • Total rides disclosed to date: Bird, 10 million; Lime, 11.5 million (including some bike rides).
  • Total cities: Bird, 100; Lime, 100.
  • Total funding: Bird, $418 million; Lime, $467 million.
  • Valuation: Bird, $2 billion; Lime, $1.1 billion (per Pitchbook).

1 San Francisco thing: On Wednesday, Lime appealed San Francisco's decision not to award it a permit to participate in its pilot program. Bird, however, won't be appealing its permit denial, CEO Travis VanderZanden told Axios.

Editor's note: This story has been updated to clarify that Lime's 11.5 million rides total includes some bike rides.

Go deeper

U.S. economy added 379,000 jobs in February

A construction worker at the World Trade Center construction site earlier this year. Photo: Michael Nagle/Xinhua via Getty Images.

The economy added 379,000 jobs in February, while the unemployment rate dropped to 6.2% from 6.3%, the Labor Department said on Friday.

Why it matters: The first Biden-era jobs report shows hiring surged as coronavirus cases eased — though a full recovery remains far off. Economists expected the economy to add roughly 182,000 jobs last month, after adding a paltry 49,000 in January.

This story is breaking news. Please check back for updates.

Dion Rabouin, author of Markets
1 hour ago - Economy & Business

Workers are getting a really bad deal

Illustration: Eniola Odetunde/Axios

This week's spate of data highlighted the difficulties Americans who have lost their jobs have had bouncing back from the coronavirus pandemic, and just how much those who have managed to keep their jobs have been working.

What's happening: The Labor Department reported Thursday that the productivity of American workers fell by a revised 4.2% annual rate in the fourth quarter, the largest decline in 39 years.

FBI: Trump appointee arrested in connection with Capitol riot

Photo: Samuel Corum/Getty Images

The FBI on Thursday arrested former State Department aide Federico Klein, a Trump appointee who worked on the former president's 2016 campaign, on charges related to the Jan. 6 storming of the Capitol, according to a court filing.

Why it matters: The 42-year-old Klein is the first member of the Trump administration to be arrested in connection with the insurrection, which led to the former president's second impeachment and charges against over 300 people.