Uber takes a ride with bike-sharing app Jump Bikes


"The response from riders and the adoption of JUMP's neon red e-bikes have been incredible", he wrote.

Fans of the San Francisco-based ride share may soon have another option in their area.

Go farther. Get there faster. You'll ask for a ride to a restaurant for 1 person.

The French court said Uber had broken the 2014 "Thevenoud law", which says chauffeured services run through an online portal have to return to a base between fares, and that they can't use apps to find customers. The price? $2 for the first half-hour and 7¢ per minute thereafter.

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Ryan Rzepecki, Jump's chief executive, started working on bike sharing nearly a decade ago, initially with a company called Social Bicycles that sold bicycles to different cities.

Started in 2010 as Social Bicycles, JUMP has over the past so many years sold its old bikes to operated its own fleets. Biking can definitely be faster than taking a auto during rush hour. JUMP bikes are an evolution of bike sharing that bridges the gap between cars and bikes.

Jump's CEO Ryan Rzepecki wrote in a blog post that his company will "play a significant part in the transition of Uber" to reach many forms of transportation, including biking. Uber's expertise in pushing into new cities could help Jump expand even more rapidly.

There are still a lot of questions to answer.

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Uber was already working with the company through a partnership - users could reserve a JUMP Bike through the Uber app, and it sounds like Uber's plan is to broaden JUMP Bikes offerings in new markets. It would be the first acquisition for Uber since Dara Khosrowshahi took over as the company's chief executive in August.

Fewer people are driving public transportation in the U.S., as stated by research, even since commuters shift to ride-hailing solutions such as Uber and Lyft. Over the last nine months, Uber rewrote its corporate values, became more conciliatory with regulators, and settled a trade secrets lawsuit with driverless auto competitor Waymo. "Achieving that goal ultimately means improving urban life by reducing congestion, pollution, and the need for parking spaces". The company announced April 9 that it has agreed to purchase JUMP Bikes, a startup that offers dockless electric bicycle sharing programs in both Washington, D.C., and San Francisco.

"When we first began talking to Uber they were going through an extremely hard time, with negative headlines each week and a massive change in leadership", writes JUMP Bikes founder and CEO Ryan Rzepecki in the obligatory Medium post.

Khosrowshahi said in an interview that Jump was "a ideal fit" for Uber's expanding portfolio beyond its core ride-hailing service.

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