Press Release

Lyft Bikesharing Company Acquires Motivate In A New Pact

Now Bikesharing Will Be More Fun With Lyft Bikes

lyft

In a recent move, Lyft, an on-demand transportation company based in San Francisco, has announced the acquisition of the largest operator in North America, Motivate. These two companies share the similar tastes and intends to revolutionize the urban transport to an all new level.

“Lyft and Motivate have both been committed for years to the same goal of reducing the need for personal car ownership by providing reliable and affordable ways to move around our cities,” said John Zimmer, Lyft co-founder, and president. “Bringing together Lyft and Motivate will accelerate our collaboration with cities and deliver even better experiences to our passengers and riders.”

Initially, Lyft will focus to develop its presence in the market which is already covered by Motivate and will infuse bike offerings that will include dockless and pedal-assist electric bikes to riders around the country.

The acquisition will also include the company’s technology and corporate functions, including its city contracts. However, Motivate’s bike maintenance and servicing operations are not included in the contract and will continue to support bike-share systems across North America.

The agreement will give a boost to the Lyft’s Green Cities Initiative and carbon neutrality pledge that aims for a sustainable world. Lyft’s core area is to upgrade transportation by offering shared rides and integrating private transport with the public. This will ultimately lead to fewer vehicles on the road and lesser pollution. The company services are successfully running in a safe, reliable, and equitable addition to the transit network in many major cities.

Motivate holds a major share of bike-sharing in the US. In 2017 alone, Motivate took away 80 percent of the bike-share trips in the US. Following are the largest bike-share systems in North America formerly operated by Motivate:

  • Citi Bike (New York)

  • Ford GoBike (San Francisco Bay area)

  • Divvy (Chicago)

  • Blue Bikes (Boston metro area)

  • Capital Bikeshare (Washington, D.C. metro area)

  • BIKETOWN (Portland metro area)

  • CoGo (Columbus, Ohio)

  • Nice Ride (Minneapolis)

“How we get around cities is changing rapidly, and the combination of Lyft and Motivate will bring tremendous new resources and energy to making sure that bike-share plays a fundamental role in the new urban mobility,” said Motivate Executive Chairman Steve Koch. “Together, we believe that integrating our services in partnership with the public sector will transform the urban transportation landscape, increase bike ridership, and make our cities better.”

Motivate is an established bike-sharing service that caters to its low-income members. The company also offers its services in the area with limited access to public transportation.

Both these companies serve tens of thousands of daily customers globally and after this agreement, the user base is expected to take an upward turn.

MAD Team
Written By
MAD Team

MobileAppDaily host a team of experienced technical writers, industry wizards, and app experts who have an exact knack of content that caters to the needs of the mobile app targeted audience. We strive to bring you the best of tech!

Want To Hire The Best Service Provider?
MobileAppDaily will help you explore the best service providers depending on your vision, budget, project requirements and industry. Get in touch and create a list of best-suited companies for your needs.
Press Release

EBO Rolls Out Open Finance App to Offer Additional Predominance to Traders

4 min read  

ZUG, SWITZERLAND / February 10th, 2020: EBO, the open finance ecosystem, has launched a mobile app called ‘EBO - Open Finance.’ The release of the mobile app by EBO aims to bring an open, accessible and reliable platform to the crypto world.With a smooth and attractive interface, EBO

Press Release

Adjust Data Reveals a Significant Spike in Mobile App Usage On Valentine’s Day

4 min read  

San Francisco / Berlin, February 10, 2020 — With Valentine’s Day just around the corner, many of the people will be pondering over dating apps and match-making websites. But there is much more that goes into the planning for February 14. Right from deciding the gifts to buy ride-booking

Press Release

Mogul Launches Its Mobile App to Help You Set And Reach Goals

4 min read  

New York, NY - June 11, 2019 - Known for connecting women to top trending content, personalized to their interests, Mogul, a digital hub for women, has now become one of the largest ecosystems for over 30 million women across 196 countries. While empowering women to step out of their houses and inco

Press Release

BetterMe launches an Ultimate Home Workout and Fitness Program for Seniors

4 min read  

Kyiv, Ukraine, January 2021 - BetterMe, the fastest-growing Health&Fitness mobile publisher launched a new workout program for seniors as a part of BetterMe: Home Workout & Diet fitness app, that fits the goals, preferences, and lifestyles of active adults.Incepted in 2016, BetterMe is a

MAD Originals
MAD Originals

Cut to the chase content that’s credible, insightful & actionable.

Get the latest mashup of the App Industry Exclusively Inboxed

  • PRODUCTS
  • SERVICES
  • BOTH
Join our expansive network, build connections and expand your brand presence.