Currently, JUMP operates in Washington D.C. and San Francisco, but Uber's vision is to launch the startup into a global project, offering its service to cities internationally. In January, China's Didi Chuxing expanded into the huge and fiercely competitive Chinese bike-sharing market.
By sweeping up JUMP, Uber adds a bike sharing company with 10 years of experience to its portfolio and can begin adding bike sharing options to its app alongside its more familiar ride sharing offers. The Uber spokeswoman said the company had no plans to withdraw the standalone JUMP app.
At Uber, we're focused on championing smart technology for smart cities.
Even the ride-hailing corporation on Monday said it purchased Jump Bikes, a brand new York-based business that operates in 40 USA metropolitan areas. This is proof that JUMP e-bikes allow you to go farther, faster, and have more fun.
Uber CEO Dara Khosrowshahi said in a blog post that the company wants to make multiple modes of transportation available in its app, including bicycles and subway rides. "New Yorkers have embraced public bike sharing faster than anyone expected", said de Blasio in a statement. Riders pay $2 for 30 minutes of use.
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Acquiring Jump gives Uber access to Jump's on-demand e-bike data - and valuable insight into a transportation trend that is popular in Europe and Asia, but has only recently started to gain traction in the US.
Founded in 2010, Jump has specialized in "dockless" bicycles, which can be rented out without the need to park them at fixed docking stations. In January the company became the first in San Francisco to receive a permit for a dockless e-bike program.
The acquisition comes on the heels of a rough period for Uber, which included charges of sexual harassment, hacking scandals, and changes in leadership. By 2017, thousands of bikes were in 40 cities. This isn't a new concept for the ride-hailing company: In February, Khosrowshahi said he hoped to one day use Uber's platform to run a city's bus system.
Of course, Uber isn't buying JUMP just so it can make some money from bike rentals on the side.
Two months ago, Uber incorporated JUMP bikes into its app for San Francisco users, a city where JUMP has 250 bikes. Our hometown pilot is off to a very strong start, with riders enjoying a convenient and environmentally friendly way to cruise up and down our trademark hills.