More Moves Made! Uber Acquires The Bike-Sharing Service Jump

12 April, 2018, 07:44 | Author: Terri Saunders
  • Uber Health: Get to your appointments on time, even without a car

It's also an opportunity for Uber to benefit from transportation transactions that happen off of the company's platform. Auto owners, you can share your vehicle through the app and get paid. "Every piece of their feedback was important and it was incorporated into building an app that meets their needs", Pradeep Parameswaran, Head of Central Operations, Uber India and South Asia, said in a statement.

The ride-sharing company is rolling out the Uber Bike service in Washington, D.C. from today.

Uber Rent launches in San Francisco later this month in partnership with Getaround, a service that lets anyone loan out their vehicle starting at $5 an hour. With cars available instantly for rent in the Uber app, fewer people will need to store them in garages for those sporadic grocery store runs, daytime adventures, or weekend getaways. Today the word comes down that Uber has acquired the electric bike-sharing service, Jump. The ride-hail company spent much of its early existence fighting off any attempts made by local regulators to gain access to varying degrees of its anonymized data.

Uber will host the businesses at its Greenlight Hub, a Nairobi-based resource centre that provides technical support to drivers using the app.

"Having a greater variety of transportation modes at your fingertips helps make it increasingly easy to live without a vehicle", he wrote in a blog post on the Uber website.

Uber has partnered with Getaround for its upcoming "Uber Rent" service which will allow riders to request a vehicle rental instead of a ride from an Uber driver.

Facts, figures and statistics of The Kroger Co. (NYSE:KR)
It has underperformed by 30.42% the S&P500. (KR) by 9.19% based on its latest 2017Q4 regulatory filing with the SEC. The average true range is projected at 0.71 this time, while the change from open is estimated at -0.59%.


"Uber Chief Executive Dara Khosrowshahi said the acquisition furthers Uber's goal of offering "the fastest or most affordable way to get where you're going, whether that's in an Uber, on a bike, on the subway, or more". The new service will be a feature available within the standard Uber application that you can install on Android and iOS devices, and will at first only be available in San Francisco as it will be the pilot city to test out the program and see if it works.

While Uber has pulled its self-driving auto programs in all the markets where it operated, as well as not reapplied for a permit to operate in San Francisco, Khosrowshahi says not to take today's announcements as any sign that Uber is moving away from autonomous. Current Masabi cities include Boston, Las Vegas, and Los Angeles, but they don't yet offer MTA tickets.

"We believe in it", he said, adding that Uber considered autonomous vehicles "part of the solution" and in the long-term key to eliminating individual auto ownership.

Bruce Schaller, an urban transportation expert, said there are about 55,000 Uber, Lyft and other ride-sharing drivers in New York City, a metropolis of 8 million people, eight times bigger than San Francisco.

"Uber values driver-partners and we are always looking to enhance their experience while saving on their costs, in order for them to make the most from their small businesses".

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