Uber is buying a startup that rents electric bicycles to adults, and the plan is to take it global [Video]

Cristian WorthingtonFeedToPost, MediaVidi Twitter

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JUMP Bikes Uber is buying JUMP Bikes, an electric bike startup that currently operates in Washington D.C. and San Francisco.The company will operate as a subsidiary of Uber, with CEO Ryan Rzepecki staying on and reporting directly to Uber CEO Dara Khosrowshahi.It"s unclear how much Uber paid for...

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JUMP Bikes
  • Uber is buying JUMP Bikes, an electric bike startup that currently operates in Washington D.C. and San Francisco.
  • The company will operate as a subsidiary of Uber, with CEO Ryan Rzepecki staying on and reporting directly to Uber CEO Dara Khosrowshahi.
  • It’s unclear how much Uber paid for JUMP Bikes; the plan is to take the …

Uber is buying JUMP Bikes, an electric bicycle startup that currently operates in Washington D.C. and San Francisco. And the plan is to bring the service to cities around the world.