Deals

E-scooter giants Bird and Lime have big decisions to make

Bird and Lime scooters lying around.

The Information recently reported that Uber was in acquisition talks with e-scooter companies Bird and Lime for "what could be a multibillion-dollar deal."

Big picture: The e-scooter companies are running low on cash, which means they either need to raise new money, get acquired or merge with one another. All options remain on the table, with the likely exception of Uber buying Bird, according to multiple sources.

Scoop: SoftBank to invest in parking startup ParkJockey

Photo by Dmitry Serebryakov/TASS via Getty Images

SoftBank Group is leading a large investment in parking startup ParkJockey, largely to finance planned acquisitions of parking lot operators Impark and Lanier, Axios has learned.

The big picture: ParkJockey's ambition is to displace garage operators by selling a technology-based alternative to the garage owners, according to a pitch deck from March. It then wants to sell space access to customers like ride-hail and car rental companies.

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