Lyft buys the biggest bike-sharing company in the US

Business

Lyft has acquired Motivate , the bike-sharing company that operates Citi Bike in New York City and Ford’s GoBike program in San Francisco. Terms of the deal were not disclosed, though it was reported in June to be around $250 million . Motivate, which Lyft says accounts for about 80 percent of bike-share trips in the US, also operates networks in Chicago; Boston; Washington, DC; Portland, Oregon; Columbus; and Minneapolis. Lyft says it “will invest to establish bike offerings in our major

Lyft buys the biggest bike-sharing company in the US https://www.theverge.com - 02.07.2018 17:12

din zilele anterioare

Lyft buys the biggest bike-sharing company in the US https://www.theverge.com - 02.07.2018 17:12