Lyft has acquired of America’s largest bikeshare service
Lyft has completed the acquisition of America’s largest bikeshare service, Motivate. Headquartered in New York City, the company is responsible for the growth of the country’s most ridden bikeshare systems, including: Citi Bike (New York), Ford GoBike (San Francisco Bay area), Divvy (Chicago), Bluebikes (Boston Metro area), Capital Bikeshare (Washington, D.C. metro area), BIKETOWN (Portland), CoGo (Columbus, Ohio), and Nice Ride (Minneapolis).
Last year, 80% of all bikeshare rides in the US were completed on Motivate systems. And earlier today, Mayor Bill de Blasio announced that New York City and Lyft will be dramatically expanding Citi Bike, tripling its size to 40,000 bikes.