Stories
Slash Boxes
Comments

SoylentNews is people

posted by janrinok on Monday June 11 2018, @10:39PM   Printer-friendly
from the just-wheelin'-it dept.

Submitted via IRC for Fnord666

Uber and Lyft are reportedly battling it out to buy Citi Bike's parent company, Motivate

Lyft might have thought its plan to buy bike-sharing company Motivate was a done deal. Uber, it seems, has other plans. Reports last week suggested that Lyft had struck a deal for upwards of $250 million to buy Motivate. But Uber is considering muscling in with its own offer, Axios reports.

Motivate is behind Citi Bike in New York and Ford GoBike in San Francisco, along with bike-sharing programs in other cities including Boston, Chicago, and Washington, DC. Commuters used its bikes 3.18 million times last month.

As the battlegrounds get more intense for the companies' non-ridesharing offerings, Uber and Lyft are exploring electric scooters and, yes, bike sharing. Uber recently bought Jump, which has an exclusive permit to run a dockless bike share system in San Francisco, so Motivate would expand its portfolio of urban services.

Both Uber and Lyft have reportedly applied for licenses to run electric scooters in San Francisco; scooters were recently pulled from the city's streets pending a licensing process, in part because they've proven a nuisance for many. There are more ways than cars to get people around cities, and both companies seem to be focusing more on alternative transport methods. Bike sharing, at the very least, would be a stopgap until flying cabs come along.

Source: https://www.engadget.com/2018/06/08/uber-motivate-citi-bike-acquisition-lyft-bikesharing/


Original Submission

 
This discussion has been archived. No new comments can be posted.
Display Options Threshold/Breakthrough Mark All as Read Mark All as Unread
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
  • (Score: 2) by darkfeline on Tuesday June 12 2018, @06:54PM

    by darkfeline (1030) on Tuesday June 12 2018, @06:54PM (#692051) Homepage

    If providing accommodations to the disabled really gets your knickers in a twist, banning electric scooters should be pretty low on your list of things to fight. What about building requirements for ramps, elevators, disabled access, and reserved parking spots?

    --
    Join the SDF Public Access UNIX System today!
    Starting Score:    1  point
    Karma-Bonus Modifier   +1  

    Total Score:   2