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Uber Launches Electric Bike Service in London with JUMP

Uber Launches Electric Bike Service in London with JUMP

Uber customers in London will be able to rent an electric bike right from the Uber app. The ride-hailing company is running a pilot program making 350 e-bikes available to rent in the city.

Eric Walz2019-05-24 11:39 PT

Lyft Buys Bike Sharing Company Motivate, Parent of New York-Based CitiBike

Lyft Buys Bike Sharing Company Motivate, Parent of New York-Based CitiBike

Uber’s main U.S. rival Lyft is getting into the bike-sharing business, as it looks to expand its transportation options to bikes. Financial terms were not disclosed, but media reports previously suggested that Lyft would pay close to $250 million for Motivate’s bike-sharing business.

Jeremy Carlton2018-07-02 17:09 PT

Uber Buys Dockless E-Bike Sharing Startup JUMP for Nearly $200 Million

Uber Buys Dockless E-Bike Sharing Startup JUMP for Nearly $200 Million

Renting a bike using a smartphone app is a growing mobility trend in cities worldwide and Uber wants a piece of the action. The ride-hailing company has purchased JUMP, a dockless e-bike service that allows users to unlock and rent the electric bikes using Uber’s smartphone app.

Eric Walz2018-04-09 12:10 PT