Uber is bitting into the bike sharing business but Lyft might not sit idly while it happens. Motivate, the bike sharing behemoth responsible for New York City’s Citi Bikes and San Francisco’s Ford GoBikes is close to getting acquired by Lyft according to the source. Neither company has agreed to comment on the move or how it would affect service, but it supposedly wouldn’t affect Motivate’s existing agreements.
It’d represent a coup for Lyft this acquisition moves forward. Motivate has exclusive deals in NYC, San Francisco, and Boston as well as a preferential arrangement in Chicago and Washington, DC but Jump was only available in San Francisco when Uber acquired it. A customer could start and stop journeys at bike docks to both save money and the environment as Lyft quickly integrate bikes into its transportation network. Uber isn’t necessarily shut out, but it’d have to develop its own services in areas where Lyft would have a head start.