Home / Tech News / Uber is looking to buy the bike-share company behind Citi Bike and Ford GoBike

Uber is looking to buy the bike-share company behind Citi Bike and Ford GoBike

Uber is reportedly looking into buying Motivate, the corporate that makes Ford GoBike’s within the San Francisco Bay Area and Citi Bike over on the East Coast. This comes following reviews of Lyft getting close to purchasing Motivate in a $250 million deal.

Uber bought bike-share startup JUMP, a dockless, electrical bike-share service, earlier this 12 months, for about $250 million. In April, Motivate deployed electric bikes in San Francisco. Once JUMP’s 18-month pilot program with town is up subsequent June, we will anticipate to see corporations like Motivate, Lime and others apply to deploy their very own dockless bikes within the metropolis.

I’ve reached out to Uber and can replace this story if I hear again.

Just this week, each Uber and Lyft utilized to deploy electrical scooters in San Francisco. You can learn extra about that right here.



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