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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/


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  • (Score: 2) by frojack on Tuesday June 12 2018, @01:24AM (4 children)

    by frojack (1554) on Tuesday June 12 2018, @01:24AM (#691719) Journal

    Oh look, a troll trying to troll the king of trolls.

    --
    No, you are mistaken. I've always had this sig.
    Starting Score:    1  point
    Karma-Bonus Modifier   +1  

    Total Score:   2  
  • (Score: 2, Interesting) by Ethanol-fueled on Tuesday June 12 2018, @01:41AM (3 children)

    by Ethanol-fueled (2792) on Tuesday June 12 2018, @01:41AM (#691731) Homepage

    I do not deserve that title: I stood on the shoulders of giants:

    The original Slashdot trolling culture. Pity that the people in charge thought that they had to bring and end to it.

    • (Score: 4, Informative) by aristarchus on Tuesday June 12 2018, @01:56AM (2 children)

      by aristarchus (2645) on Tuesday June 12 2018, @01:56AM (#691745) Journal

      EF is not a troll. He is just an American Conservative. You know, vaguely libertarian, pro-market and cheap, racist and misogynist, not very well educated, provincial and the product of a patronage system like that which placed John McCain.

      • (Score: 1) by Ethanol-fueled on Tuesday June 12 2018, @03:11AM (1 child)

        by Ethanol-fueled (2792) on Tuesday June 12 2018, @03:11AM (#691759) Homepage

        You can call me "cheap." You can call me "racist and misogynist." You can call me "not very well-educated."

        But Don't you dare even think of comparing me to the traitor John McCain. I come from a family of the proudest warriors America has to offer. I am a proud patriot. I am on your side. Maybe not yours, fifth-columnist scum. But my loyalty belongs to the United States of America.

        • (Score: 3, Informative) by aristarchus on Tuesday June 12 2018, @06:29AM

          by aristarchus (2645) on Tuesday June 12 2018, @06:29AM (#691803) Journal

          Triggered! My African forbears spit on your treason, Ethanol_fueled!

          (Oh, for those wondering, the island of Samos had a long relation to Egypt. They had maths, and stuff. Smarter than those white barbarians to the north who never got enough vitamin D, back in the day before fortified milk, and whiteness. [theconversation.com])