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07-03-2018, 06:43 AM
Lyft pulls an Uber and acquires Motivate, a bike-sharing company
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Lyft says its new bike-share program will revolutionize urban transportation. The only problem? Uber kind of beat them to that particular revolution. (https://mashable.com/2018/04/09/uber-jump-bikes-acquisition/?utm_campaign&utm_context=textlink&utm_medium=rss&utm_source)
In a Monday blog post (https://blog.lyft.com/posts/lyft-to-acquire-us-bikeshare-leader), Lyft announced it had reached an agreement to acquire Motivate (https://www.motivateco.com/), a bike-sharing company that operates the Citi Bike program in New York and Ford GoBike in San Francisco.*
"We're excited to invest in bike-share to continue building the world's best transportation for the future of our cities," Lyft tweeted.
SEE ALSO: Lyft overhauls its app to emphasize shared rides (https://mashable.com/2018/06/07/lyft-app-redesign-shared-rides/)
As part of the deal, Lyft will now own Motivate's technology, including its apps, bike-tracking services, customer support, and bicycle maintenance systems. When Motivate's bicycles will become available on the app to Lyft customers was not immediately clear.* Read more... (https://mashable.com/2018/07/02/lyft-acquires-motivate/)
More about Lyft (https://mashable.com/category/lyft/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Bike Sharing (https://mashable.com/category/bike-sharing/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Motivate (https://mashable.com/category/motivate/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Tech (https://mashable.com/tech/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Transportation (https://mashable.com/category/transportation/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)http://feeds.feedburner.com/~r/Mashable/~4/rGd_5HrYQIc
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Lyft says its new bike-share program will revolutionize urban transportation. The only problem? Uber kind of beat them to that particular revolution. (https://mashable.com/2018/04/09/uber-jump-bikes-acquisition/?utm_campaign&utm_context=textlink&utm_medium=rss&utm_source)
In a Monday blog post (https://blog.lyft.com/posts/lyft-to-acquire-us-bikeshare-leader), Lyft announced it had reached an agreement to acquire Motivate (https://www.motivateco.com/), a bike-sharing company that operates the Citi Bike program in New York and Ford GoBike in San Francisco.*
"We're excited to invest in bike-share to continue building the world's best transportation for the future of our cities," Lyft tweeted.
SEE ALSO: Lyft overhauls its app to emphasize shared rides (https://mashable.com/2018/06/07/lyft-app-redesign-shared-rides/)
As part of the deal, Lyft will now own Motivate's technology, including its apps, bike-tracking services, customer support, and bicycle maintenance systems. When Motivate's bicycles will become available on the app to Lyft customers was not immediately clear.* Read more... (https://mashable.com/2018/07/02/lyft-acquires-motivate/)
More about Lyft (https://mashable.com/category/lyft/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Bike Sharing (https://mashable.com/category/bike-sharing/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Motivate (https://mashable.com/category/motivate/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Tech (https://mashable.com/tech/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Transportation (https://mashable.com/category/transportation/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)http://feeds.feedburner.com/~r/Mashable/~4/rGd_5HrYQIc