Uber Buys Jump, A Bicycle-Sharing Company

uber buys jump e-bike sharing

While Uber was banned from testing its self-driving fleet after a self-driving Uber fatally hit an innocent passerby, the ride-sharing and transportation company continues to expand its influence into alternative methods of transportation. The company recently acquired Jump, a San Francisco bicycle-sharing company that previously partnered with Uber.

Jump provides red electric bikes, colloquially called “e-bikes,” to San Francisco residents at an affordable price of $2 per 30 minute ride! Their goal is to help their clients navigate the city’s steep hills and traffic stress-free. Around for the better part of the decade, Jump has expanded their reach and deployed more than 12,000 dock-less bikes around 6 countries. Jump’s CEO Ryan Rzepecki wrote in a piece about Jump joining Uber that he was excited of “achieving [Jump’s] goal of getting more people on bikes and transforming the way people move through cities” through a collaboration with Uber.

Dara Khosrowshahi was similarly enthusiastic in his Uber’s newsroom post welcoming Jump: “Today, we help tens of millions of people get a ride at the tap of a button. But our ultimate goal is one we share with cities around the world: making it easier to live without owning a personal car… That’s why we’re committed to bringing together multiple modes of transportation within the Uber app.”

Jump and Uber’s collaboration is sure to bring accessible transportation options to more users, unlocking “the full potential of bikes as a means of daily transportation.”

Edited 5/7/18 and 5/8/18

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