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Uber has reportedly agreed to acquire Stockholm-based Voi Technology for $1.2 billion, in a deal that would expand its direct role in Europe’s e-scooter and bike-sharing market.
The proposed acquisition would bring Voi’s network of more than 100,000 vehicles across over 70 European cities into Uber’s platform. The move would also mark Uber’s return to direct micromobility ownership after it transferred its Jump bike and scooter business to Lime in 2020.
The reported Voi deal fits Uber’s wider plan to build a broader transport platform across Europe. The company already operates ride-hailing and delivery services in several markets, while also adding partnerships and investments in related transport services.
According to the reported deal terms, Uber would add Voi’s shared e-scooters and e-bikes to its app. This would give riders more short-distance transport options in cities where Voi already operates. It would also help Uber serve trips that are too short for cars but too long for walking.
The deal follows Uber’s previous exit from direct micromobility ownership. In 2020, Lime acquired Uber’s Jump business as part of a funding and partnership agreement. Lime also expanded its app integration with Uber after that transaction.
Voi was founded in 2018 in Sweden and has grown into one of Europe’s better-known shared micromobility operators. The company offers e-scooter and e-bike services through partnerships with cities and local authorities.
Voi said in its first-quarter 2026 report that it recorded higher revenue and ridership. The company also stated that net revenue rose 38% year over year during the quarter, showing stronger demand across its operating markets.
The reported $1.2 billion acquisition would give Uber a ready-made micromobility fleet instead of building one city by city. However, shared scooter and bike operators still face local rules, fleet caps, parking limits, and safety checks in many European markets.
The reported acquisition comes as competition in micromobility enters a new phase. Lime, which is backed by Uber, filed for a U.S. IPO and plans to list on Nasdaq under the ticker ‘LIME.’ Reuters reported that Lime generated $886.7 million in revenue in 2025, up 29.1% from the previous year.
Lime remains unprofitable, though its filing showed positive free cash flow for a third straight year. The IPO filing also showed that investors are again testing public demand for shared e-bike and scooter companies.
The Voi transaction would also place Uber closer to direct competition with other European operators. The merged Tier-Dott business already holds a major position in Europe’s shared micromobility market. Uber would gain a stronger direct presence if the Voi deal closes.
Uber has reportedly pursued several transport-related acquisitions and investments in 2026, including parking, chauffeur, taxi, and autonomous vehicle businesses. The Voi deal would add a new last-mile transport layer to that wider strategy.
The company has also worked with autonomous vehicle partners while expanding its delivery and mobility services. Voi would give Uber a stronger position in short urban trips, especially in dense European cities where local travel often involves several transport modes.
The reported agreement still leaves open questions around approvals, integration, and city-level operating rules. For now, the deal shows Uber’s renewed push into micromobility after years of working mainly through Lime and other partners.
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