Uber buys on-demand bike-sharing firm Jump

Uber users in Singapore can continue using its services till April 15 amidst watchdog investigations

Uber is further digging into the bike-sharing area.

Jump is part of the bike-sharing craze that made its way to the United States after sweeping through China. By February, Jump had launched a pilot service in partnership with Uber.

Jump is a dockless electric bike service that has rolled out in San Francisco, where it has 250 bikes, and Washington.

"I had a chance to spend a couple of evenings with him, and really talk through his vision for the business and our vision, and saw a lot of alignment", Rzepecki told TechCrunch.

Uber CEO Dara Khosrowshahi mentioned in a post that the company wishes to make numerous modes of transportation readily available within its program, including bicycles and subway rides.

Workforce Singapore and NTUC will offer assistance to drivers and employees affected by the Grab-Uber merger, Minister of Education (Schools) Ng Chee Meng said on Monday (Apr 9). Over the last nine months, Uber rewrote its corporate values, became more conciliatory with regulators, and settled a trade secrets lawsuit with driverless vehicle competitor Waymo. So it's not hard to imaging Uber pushing consumers to order from its own virtual restaurant and have that meal delivered on an Uber e-bike. It has deployed about 200 bicycles in the city and has become one of the most popular bike services, with each bike averaging 3.5 trips daily and 11 miles per day, according to a company spokeswoman. Bikes are locked and unlocked using a smartphone app, and can be left at any bike rack with their location tracked using Global Positioning System.

The service will now operate within Uber, allowing users to reserve one of the nearby bikes, before they are given a code to unlock it and begin riding.




Back in 2016, a French court hit Uber with a $900,000 fine for running an illegal and unsafe transport service with drivers that were not properly licensed.

Plus, unlike Minneapolis' Nice Ride bikes, which we've used many times, each JUMP bike has a pedal-assist motor. Khosrowshahi said while it makes sense for Uber to own the bicycles in the early days, other companies may want to finance the bikes in the future when the market is more mature.

At the same time, the move into dockless bikes could reenforce skepticism from opponents who say un-docked bikes clutter city streets and sidewalks, and encourage theft and vandalism.

The finer details of the deal, such as how much Uber paid to acquire JUMP Bikes, are still unknown.

Jump was the first company to provide stationless bike sharing in San Francisco.

As for JUMP, Rzepecki wrote in a blog post that the company's integration into Uber marks the beginning of a new chapter that will place its platform in cities around the world.

Related news:

Hot News

isis-killer-beheading-video-story-top Ferrari keeps feet firmly on ground despite more Vettel glory
Apr 10, 2018 - 19:02
Hamilton then pitted, also for mediums, which left both Mercedes on a one-stop strategy and Ferrari requiring another stop each. Moments later, having left his pit, Raikkonen was told to stop, the Finn subsequently climbing from his vehicle and retiring.

isis-killer-beheading-video-story-top Apple overhauls homepage for (PRODUCT)RED, including sleek new iPhone 8 ad
Apr 10, 2018 - 19:01
The price of its 64-gigabyte and 256-gigabyte models are around 200,000 won ($187) more expensive than in Japan and the US. The new products will give customers an opportunity to "make an impact in fighting the spread of HIV and AIDS".

isis-killer-beheading-video-story-top A handcuffed Conor McGregor expresses no remorse for UFC rampage
Apr 10, 2018 - 18:57
The UFC says McGregor and Lobov - accompanied by more than a "dozen individuals" - attacked the bus . UFC fighter Conor McGregor has courted controversy in NY .

isis-killer-beheading-video-story-top Israel carried out strikes on Syria airbase: Russian Federation military
Apr 10, 2018 - 18:56
Traders have also been accused of deliberately driving the currency lower with speculative bets. Iran has long had trouble managing its currency market.

isis-killer-beheading-video-story-top Time To Question Your Methods, Former Liverpool Star Tells Pep Guardiola
Apr 09, 2018 - 04:28
Now on 84 points, the leaders are chasing Chelsea's Premier League record tally of 95 points set in 2004-05. Manchester City coach Manuel Estiarte has posted footage of the scenes which greeted the club's players.

isis-killer-beheading-video-story-top Dow Jones falls more than 2% as trade war with China continues
Apr 09, 2018 - 04:20
The company admitted it made a "huge mistake" in not focusing more on potential abuse of users' personal information. Earlier in the day, stocks were hit after the latest United States jobs report missed targets.

isis-killer-beheading-video-story-top Ford recalls 350000 vehicles: Some 2018 F-150s, Expeditions included
Apr 09, 2018 - 04:20
The company reported the earnings of $0.39/Share in the last quarter where the estimated EPS by analysts was $0.42/share. However, Ford Motor has rebounded strongly from 2018 lows, and the company still pays investors a very good yield.

isis-killer-beheading-video-story-top Palestinian journalist shot and killed in Gaza
Apr 09, 2018 - 04:15
Palestinians seek east Jerusalem as their future capital and view Trump's decision as siding with Israel . The Israel Defense Forces denied reports that the suspects had shot at Israeli equipment or troops.

isis-killer-beheading-video-story-top Belgian rider Goolaerts dies following cardiac arrest
Apr 09, 2018 - 04:04
Last week's Tour of Flanders victor Niki Terpstra was third at 57sec and 2017 champion Greg Van Avermaet fourth at 1:34. Belgian cyclist Michael Goolaerts has tragically died following a crash at today's Paris-Roubaix.

isis-killer-beheading-video-story-top Liverpool 'trying everything' to get Salah fit for Everton - Klopp
Apr 08, 2018 - 01:00
The 25-year-old winger reportedly told his boss that it was nothing to worry about. "He said to me immediately after the game: "all fine, all good" I hope that's the case, we need to wait and hope".

isis-killer-beheading-video-story-top Indian MoD Issues RFI to Procure 110 Fighter Jets
Apr 08, 2018 - 00:55
IAF intends to use the aircraft as day and night -capable, all-weather, multi-role combat aircraft. The new aircraft are meant to replace the IAF's MiG21 jets.

isis-killer-beheading-video-story-top United Kingdom sugar tax comes into force
Apr 08, 2018 - 00:54
The global report found they are actually helping the poor, with most of the tax revenues coming from higher income households. The scale of illicit soft drinks will depend just as much on how retailers react as to how organised illicit sellers are.

isis-killer-beheading-video-story-top BJP Foundation Day: Party brought new hope for country, says PM
Apr 08, 2018 - 00:54
We are privileged to receive the blessings of people of all age groups, across all sections of society. The reason is not that we have made any mistake.

isis-killer-beheading-video-story-top 'Mac And Monz' Podcast: Previewing WrestleMania 34
Apr 08, 2018 - 00:53
On the poster and in the programme which the match is advertised, WWE states that they can't confirm if the match will take place. The speculation out now about a possible heel turn involving Bryan turning on McMahon to side with Owens and Zayn is intriguing.

isis-killer-beheading-video-story-top Pregnancy rumors follow Cardi B to the club
Apr 08, 2018 - 00:49
USA hip-hopper Cardi B's debut album, " Invasion of Privacy " has finally arrived, and within 24 hours it has become a hit. Pregnant Teigen addressed the lyrics on Twitter, writing: "Gasp!" "Cheddar biscuits and crab bisque.