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Lyft buys NYC-based bike-share company

On-demand car service app Lyft confirmed its expansion into biking. The news, announced through the company’s blog, comes about a month after news of its acquiring New York-based Motivate first broke. “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.”

Motivate runs some of the largest bike-share programs across the United States. In New York, for example, Motivate operates as Citi Bike. In San Francisco, Motivate operates as Ford GoBike.

more info

http://www.digital.nyc/news/lyft-buys-nyc-based-bike-share-company

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