On Monday, the company announced it has acquired bike-share startup JUMP Bikes after two months of testing on its main app. The deal allows Uber to access JUMP’s 12,000 dockless, GPS-integrated bikes in 40 cities across six countries. Uber CEO Dara Khosrowshahi described the acquisition as… “bringing together multiple modes of transportation within the Uber app—so that you can choose the fastest or most affordable way to get where you’re going, whether that’s in an Uber, on a bike, on the subway, or more.”
JUMP Bikes started in 2010 and uses electric-powered bikes that have built-in U-bar locks, allowing them to be locked anyway with existing bike racks. The e-bikes currently service riders in San Francisco and Washington D.C., and there are plans to expand to Sacrament and Providence, RI by the end of the year.
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