The World's Largest Ride-Hailing Service Uber Technologies Inc. is taking over the American rental bike provider, Jump Bikes.
Jump Bikes currently employs around 100 people and is based in New York. The company started as a bicycle dealer in 2010 under the name Social Bicycles. This e-bike sharing service is currently active in San Francisco (250 bikes) and Washington DC. Jump also wants to expand to Sacramento and Providence, Rhode Island.
In January, Jump's service was already integrated into the Uber app for the San Francisco area, launching Uber Bike. The takeover shows that Uber wants to integrate other means of transport in their own app in cities as well as cars and offer their services.
Several US media report that Uber pays more than $ 100 million for Jump. The two companies did not want to mention a purchase price when presenting the deal on Monday.
"We are committed to bringing together multiple modes of transport within the Uber App. You can choose the fastest or least expensive way to get to where you are going, be it in a Uber, on a bike, in the U "Orbit or more," wrote Uber CEO Dara Khosrowshahi.
The market for rental bikes is booming worldwide.
A Compact SUV Built for Practical Results Mercedes-Benz pushes its compact SUV line with the 2026 GLB. The company focuses on three outcomes: more range, more space, and more digital… Continue reading
The German brand Porsche announces that it will double its investment in the development of electric vehicles from this time until the year 2022: it will exceed 6,000 million euros. The move to all-electric cars seems necessary for any car manufacturer… Continue reading
Tesla may have registered the first vehicle VINs of the Tesla Model 3 for the European market. This would fit the company's goal of making the first overseas shipments in the first half of 2019. The production volume in the US,… Continue reading
Today, ahead of the Paris Motor Show, Renault has revealed a new ‘affordable’ all-electric crossover: the Renault K-ZE. "Groupe Renault was a pioneer and is the European leader in electric vehicles. We are introducing K-ZE, an affordable… Continue reading
