Lyft becomes nation’s biggest bike share provider with latest acquisition

By : bizjournals – excerpt

MissionReds

Who should get to drive in the public transit Red Lanes?

Lyft is now the largest bike share provider in the country.

Doubling down on transportation efforts outside of cars, Lyft said Thursday it completed its acquisition of Motivate, the company behind Ford GoBikes.

As part of the announcement, Lyft said it would also invest $100 million to expand the size of its fleet of Motivate Citi Bikes in New York City to over 40,000 bikes. But as Lyft goes full speed ahead with a massive expansion in New York City, a Lyft spokeswoman did not respond to questions about plans for a similar increase in the Bay Area.

Even if Lyft did elect to increase the number of bikes in San Francisco, it would probably face community resistance…

In addition to the Ford GoBikes already in the Bay Area, Lyft also plans to launch a branded set of bikes, complete with wheels that are Lyft’s signature bright pink. Lyft declined to give a specific date, but said those bikes will be coming to select cities in 2019. Would-be riders will be able to find Lyft Bikes directly inside the Lyft app. As the company readies for an IPO in 2019, the company is striving to become a one-stop-shop for multiple forms of transportation, including bikes, scooters and cars… (more)

If this corporate takeover of our streets concerns you, please join us in our effort to let the San Francisco City authorities know how you feel, December 3, 1:30 PM at City Hall to protest and demand a copy of the documents that obligate our city to hand over public street space to this corporate entity for their private use and profits.

Details here: https://metermadness.wordpress.com/actions/red-lanes/

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