Info
Info

Uber acquires bike sharing program JUMP

News

Ride-hailing company Uber recently announced that it has acquired e-bike sharing startup JUMP.

Info

JUMP, based in New York has deployed almost 12000 dockless, GPS enabled bikes in 40 cities across 6 countries. JUMP currently operate in San Francisco and Washington, D.C and plan to expand to more cities before the end of 2018. JUMP had been test running their services within the Uber app since the last two months.

Uber says that this acquisition is a step towards its ultimate goal of making it easier to live in the cities without owning a personal vehicle, thereby improving urban life by reducing congestion, pollution and the need for parking spaces. Uber is also trying to bring together multiple modes of transportation within the Uber app, so that the customers can reach their destinations in the fastest and most affordable way.

Uber CEO Dara Khosrowshahi says, " Today I'm excited to announce we've entered into an agreement to acquire JUMP Bikes, an electric, dockless bike-sharing service we've already been testing in San Francisco. Our hometown pilot is off to a very strong start, with riders enjoying a convenient and environmentally friendly way to cruise up and down our trademark hills.

JUMP's CEO Ryan Rzepecki is an impressive entrepreneur who has spent the better part of a decade bringing bike-sharing to life across the globe. I'm thrilled to welcome his team and their stellar product onto the Uber platform."

JUMP founder Ryan Rzepecki says, " We're excited to begin our next chapter and to play a significant part in the transition of Uber to a multi-modal platform.Combining JUMP's track record of product innovation and city partnerships with Uber's scale, operational excellence, and resources will allow us to make a global impact faster than if we were to pursue our vision alone. At our core, we are still the same team that is passionate about partnering with cities to increase cycling, but joining Uber presents us with the opportunity to realize our dreams faster and at a much larger scale.

JUMP will continue to operate in a way that remains true to our roots and we will remain good partners to cities while delivering excellent service to our riders. The JUMP brand will also continue and we hope it will represent the best in bike share technology and responsible operations. Together with Uber, I firmly believe we can make a more significant impact on the world and shift millions of trips from cars to bikes."


The Latest News, Brought To You By
Uber acquires bike sharing program JUMP
Modified on Saturday 14th April 2018
Find all articles related to:
Uber acquires bike sharing program JUMP
TaaS Technology Magazine
Info
Hyundai Motor Group Unveils TIGER Uncrewed Ultimate Mobility Vehicle Concept
How The Volkswagen ID.4 Communicates With Light
Plus Commits To Deploy Ouster’s Digital Lidar Sensors
Ouster Achieves Major Automotive Grade Milestone
Cosworth And Delta Sign Agreement For Acquisition
Volta Trucks Selects Meritor To Supply The Innovative Electric Drivetrain For The Volta Zero
AVL Advances Development Of Hydrogen Internal Combustion Engine For CO2 Neutral Transportation
Kia Starts Pilot Of Last-mile Delivery Service In Singapore For Future PBV Business
Niro EV’s Latest Accolade Reinforces The Strength Of Kia’s Electric Vehicle Lineup
VivoPower Secures 100% Ownership Of Tembo E-LV B.V.
Forward31 And Lufthansa Innovation Hub Launch Startup Partnership
Humax To Supply RAiDEA Mobility Service Platform In The Middle East
Abarth Launches World’s First Virtual Reality Test Drive Delivered To Homes
Alauda Unveils The World’s First Flying Electric Racing Car
Riversimple And Siemens: The Beginning Of A Long-term Strategic Relationship
Mazda First OEM To Join The EFuel Alliance
Kia Unveils Roadmap For Transformation, Focusing On EVs And Mobility Solutions
AIR Index Vehicle Emissions Rating System Offers First Realistic, Fully-fledged Alternative To Official Data
Trimble Teams With ROBORACE
Targa Telematics Supports Leasys Miles In The UK
REE Automotive Opens New Engineering Center Of Excellence In The UK
Ford Raises Planned Investment In EV, AV Leadership To $29 Billion
Faurecia And Immersion Partner For Haptic Automotive Technologies
Daimler Plans Separation Into Two Pure-play Companies And Majority Listing Of Daimler Truck To Accelerate Into Zero- Emissions And Software-driven Future
Info
Info
×
Search the news archive

To close this popup you can press escape or click the close icon.
Logo
×
Logo
×
Register - Step 1

You may choose to subscribe to the TaaS Magazine, the TaaS Newsletter, or both. You may also request additional information if required, before submitting your application.


Please subscribe me to:

 

You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in:
 
X
Info
X
Info
{taasPodcastNotification} Array
Live Event