Uber is looking to buy the bike-share company behind Citi Bike and Ford GoBike - Techdap -->

Uber is looking to buy the bike-share company behind Citi Bike and Ford GoBike

Friday, March 29, 2019

Uber is looking to buy the bike-share company behind Citi Bike and Ford GoBike

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Uber is reportedly looking into buying Motivate, the company that makes Ford GoBike’s in the San Francisco Bay Area and Citi Bike over on the East Coast. This comes following reports of Lyft getting close to purchasing Motivate in a $250 million deal.

Uber bought bike-share startup JUMP, a dockless, electric bike-share service, earlier this year, for about $250 million. In April, Motivate deployed electric bikes in San Francisco. Once JUMP’s 18-month pilot program with the city is up next June, we can expect to see companies like Motivate, Lime and others apply to deploy their own dockless bikes in the city.

Uber declined to comment for this story.

Just this week, both Uber and Lyft applied to deploy electric scooters in San Francisco. You can read more about that here.

Silicon Valley scooter wars

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