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Uber acquires bike-sharing startup JUMP, source says for ~$200M; JUMP will continue running independently

Share to FacebookShare to TwitterEmailMore sharing options Recode : Recode Daily: Mark Zuckerberg is ready for his Capitol Hill close-up Greg Bensinger / Wall Street Journal : Uber Enters Dockless Bike Wars With Jump Acquisition Kate Conger / Gizmodo : Uber Wants to Be Your New Bicycle Tanvi Dubey / Yourstory.com : Dockless bike sharing service JUMP gets acquired by Uber Abhimanyu Ghoshal / The Next Web : Uber gets into the bike-sharing game with its latest acquisition Kate Frankel / NBC Bay Area : Uber Purchases Bicycle Sharing Startup Jump Bikes Daisuke Wakabayashi / New York Times : Uber to Buy Jump, Maker of Electric Bicycles, After Bike-Sharing Test Sasha Lekach / Mashable : Uber acquires electric-assist bike-share company Jump Alison Griswold / Quartz : This Uber-for-bikes startup is now officially part of Uber Monica Nickelsburg / GeekWire : Uber moves into multimodal transportation with acquisition of bike-share startup JUMP Heather Somerville / Reuters : Uber agrees to buy electric cycle-sharing startup JUMP Bikes Lulu Chang / Digital Trends : You will soon be able to get an ebike from Uber now that it bought Jump Seth Weintraub / Electrek : Uber gets Jump on ebike sharing with reported $100M acquisition Alex Wilhelm / Crunchbase News : Uber Stokes Domestic Bikesharing Hype With JUMP Acquisition Biz Carson / Forbes : Uber Jumps Into Bike-Sharing War With New Acquisition Ben Gilbert / Business Insider : Uber is buying a startup that rents electric bicycles to adults, and the plan is to take it global Automotive News Automakers Feed : Quick Shift: Uber jumps on bike rentals; self-driving stop-and-go Brandy Betz / Seeking Alpha : Uber acquires Jump Bikes Timothy J. Seppala / Engadget : Uber buys San Francisco bike-sharing service Jump Maria Deutscher / SiliconANGLE : Expanding transportation focus, Uber inks deal to acquire bike sharing startup Jump MIT Technology Review : Uber acquired a dockless-bike firm but has a hard ride ahead silicontap.com : Uber Buys JUMP Bikes Kia Kokalitcheva / Axios : Uber to acquire bike-sharing startup Jump Tweets: The Wall Street / @wsj : The deal for Jump Bikes, recognizable by its bulky red bicycles with large baskets, gives Uber access to customers in Washington and San Francisco https://on.wsj.com/2GJImi7 Jon Fortt / @jonfortt : Interesting move by Uber. I think these kinds of moves are likely to make people feel differently about the brand. Kind of Facebook/Instagram-ish. http://twitter.com/... @brezina : So extremely excited for @ryrzny! Could not have happened to a better guy working on a key to the sustainable future of our planet #WeArePennState While we need to continue to keep Uber cars in check, I can't wait for more people to experience @jumpbikes! http://medium.com/... Dara Khosrowshahi / @dkhos : Incredibly excited to work with Ryan and the @jumpbikes team to make Jump a part of our Urban mobility future. Lots of team members @Uber were super passionate about the product. Ryan and their passion is why we just had to do this! http://medium.com/... Thanks: @meganrosedickey

TechCrunch Megan Rose Dickey

Discussion

  • @wsj The Wall Street on x
    The deal for Jump Bikes, recognizable by its bulky red bicycles with large baskets, gives Uber access to customers in Washington and San Francisco https://on.wsj.com/2GJImi7
  • @jonfortt Jon Fortt on x
    Interesting move by Uber. I think these kinds of moves are likely to make people feel differently about the brand. Kind of Facebook/Instagram-ish. http://twitter.com/...
  • @brezina @brezina on x
    So extremely excited for @ryrzny! Could not have happened to a better guy working on a key to the sustainable future of our planet #WeArePennState While we need to continue to keep Uber cars in check, I can't wait for more people to experience @jumpbikes! http://medium.com/...
  • @dkhos Dara Khosrowshahi on x
    Incredibly excited to work with Ryan and the @jumpbikes team to make Jump a part of our Urban mobility future. Lots of team members @Uber were super passionate about the product. Ryan and their passion is why we just had to do this! http://medium.com/...
  • @pourmecoffee @pourmecoffee on x
    You get in the basket like E.T. http://twitter.com/...
  • @sokane1 Sean O'Kane on x
    Really curious to watch this play out. Bike / scooter sharing is known in its early stages for cluttering streets/being tossed in rivers. Does that happen less w/ Uber? More? Does your 5-star rating drop if someone has to pull the bike you left out of a bush?
  • @jmbooyah Johana Bhuiyan on x
    My initial read on Jump CEO post about the acquisition is that he's trying to make sure cities Jump has successfully partnered with in the last decade aren't scared off bc of Uber's combative history with cities https://www.recode.net/... pic.twitter.com/wHUuzZAzlp
  • @joshelman Josh Elman on x
    .@jumpbikes going to Uber is big news and will shake up local transport. @ryrzny has been doing this for a decade with docked fleets & made one of the most impressive transitions to electric and dockless in < 1 year. I saw it close up and am in awe. http://medium.com/...