Uber gets Jump on ebike sharing with reported $100M acquisition

Uber to acquire self-service bicycle firm

Uber Introduces New App for Drivers

With Uber's backing, we can probably expect to see JUMP bikes sprout up in other United States cities quickly. Getaround now operates in ten US cities, including San Francisco, Chicago, Washington DC, Boston, and Los Angeles.

Uber CEO Dara Khosrowshahi said he still believes self-driving cars are a "very important part of the solution of getting rid of vehicle ownership".

The expansion kicked off earlier this week after Uber announced that it had acquired bike-sharing startup Jump.

Uber Kenya has signed partnership deals with nine firms in a move meant to make vital services quickly available to its partners and drivers.

Reuters provides more: "Uber said in a statement it had entered an agreement to buy JUMP, but an Uber spokeswoman declined to disclose the terms of the deal".

According to Uber, the app, which is still in Beta version is one among many initiatives the company plans to take, as part of what it calls "180 days of change". Unlike traditional dockless bikes that can be left on available sidewalks, Jump pedal-assist bikes must be affixed to bike racks using integrated U-locks. "By sharing our aggregated and anonymized trip data, Uber can help inform decisions about how to adapt existing infrastructure and invest in future solutions to make our cities more efficient", said Rob Khazzam, General Manager, Uber Canada, in a press release.

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Khosrowshahi was in Washington, D.C.to discuss the company's commitment to expanding ride services in congested cities.

So Uber is looking for new ways where it can expand and wean people off owning cars.

Uber partner organisations include the National Transport and Safety Authority (NTSA), MP Shah Hospital, emergency services company Flare, auto dealer Toyotsu, Huawei, Techno, Essilor, Kingsway, and Telkom Kenya. You'll be able to get an Uber.

"Our mission is to empower people to carshare everywhere, and we're making that possible by providing more people with access to carsharing through the apps they already use", said Sam Zaid, Getaround Founder and CEO. "If this goes on, you'll simply have gridlock".

Uber is introducing e-bike, vehicle rental, and public transit tickets to its primary app. It is also partnering with Masabi, a public transit ticketing company, so that commuters can book rides on buses and trains using the Uber app.

Khosrowshahi announced three partnerships on Wednesday.

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