You will soon be able to get an ebike from Uber now that it bought Jump

uber jump bikes

It’s been just a few months since Uber partnered with ebike company Jump to begin a bike-sharing pilot program in San Francisco. Apparently, those last few months have gone well enough for Uber to put the pedal to the metal and officially acquire Jump, and by extension, bring the bike-sharing option to more cities the world over. In a blog post this morning penned by CEO Dara Khosrowshahi, the company confirmed that it had “entered into an agreement to acquire Jump Bikes, an electric, dockless bike-sharing service.” He added, “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.”

Uber has not confirmed how much it paid for the startup, but TechCrunch previously reported that the startup was considering an acquisition offer of more than $100 million. And given that Uber is having trouble expanding its traditional ridesharing services into other markets (it’s on thin ice in Egypt and has recently been suspended in Greece), the San Francisco-based transportation giant is clearly looking for other avenues by which to reach customers.

In an interview with The New York Times, Khosrowshahi noted that Jump was a “perfect fit” for Uber’s goal of expanding its business. UberEats, for example, is quickly growing, and may benefit from a fleet of ebikes, and Uber is also looking into other ways of providing transportation options that are not only time efficient, but energy efficient as well (particularly in large, traffic-ridden cities).

Given the popularity of the Jumppilot, Uber seems to have little doubt that the notion of an ebike sharing option is one that customers will want. “The utilization of the bikes has been higher than expected,” Khosrowshahi said. “People are using these bikes for multiple trips a day.”

In the pilot program, Uber gave users in California a “bike” option as part of its drop-down menu (which generally includes things like UberX, or uberPOOL). The bike option currently costs $2 for 30 minutes, and then a per-minute fee thereafter.

As a result of the acquisition, Jump employees will become part of the Uber team, but the company will still exist as an independent entity.

“At Uber, we’re focused on championing smart technology for smart cities,” Khosrowshahi wrote. “But our ultimate goal is one we share with cities around the world: Making it easier to live without owning a personal car. Achieving that goal ultimately means improving urban life by reducing congestion, pollution and the need for parking spaces.”

Product Review

Ring Video Doorbell 2 is the simplest entry into a smarter doorway

The Ring Video Doorbell 2 may lack the style and sophistication of premium door-dingers, but few can match its simplicity and versatility. The device, available in both wired and wireless configurations, is easy to set up and adds instant…

Think crypto’s dead? JPMorgan to offer first cryptocurrency backed by a U.S. bank

J.P. Morgan Chase is making history by rolling out a trial, over the next few months, of the first cryptocurrency, dubbed JPM Coin, which is backed by a large United States bank.

Take $250 off the HP Spectre x360 laptop with this Presidents’ Day sale

If you're hoping for something more powerful that will last more than a few months, you'll probably need to invest $1,000 or more. Unless, of course, you take advantage of the Presidents' Sale on the HP Spectre x360 13t.

AT&T adds Minneapolis and Chicago to its mobile 5G road map for 2019

Ready to experience a radical transformation in mobile communication? AT&T is launching mobile 5G in cities across the country over the next few months. Here's everything you need to know about the AT&T 5G rollout.

Rock out in the carpool lane with Singing Machine’s Carpool Karaoke microphone

Carpool Karaoke fans can count down the days till summer. That's when Singing Machine's Carpool Karaoke microphone will be available. Connect the Carpool Karaoke Mic to your car radio to make your next road trip a mobile karaoke party.

Bentley Bentayga Speed surpasses Lamborghini Urus as world’s fastest SUV

The Bentley Bentayga Speed has wrested the title of world's fastest SUV from its cousin, the Lamborghini Urus. But the Bentley is just 1 mph faster than the Lamborghini. It requires 626 horsepower to achieve that top speed.
Product Review

The 2020 Volvo V60 Cross Country is a do-it-all Swedish army knife

Volvo laced up its smallest station wagon in hiking clothes to create the V60 Cross Country. It's a lifted, all-wheel drive wagon that laughs at icy roads while coddling its occupants. We travel to Sweden to try it out.
Emerging Tech

With CabinSense, cars will soon know who’s riding in them and respond accordingly

What if your car could know who's riding in it and customize the entertainment and safety options accordingly? That’s what's promised by the new CabinSense in-car Occupancy Monitoring System.

General Motors cycles into a new market with its first-ever ebikes

When General Motors launched a public campaign last year to name its new ebike brand, many wondered if Bikey McBikeface might win out. But it didn't. Instead, it's called Arīv, and the two bikes are up for pre-order this week.

The Polestar 2, Sweden’s answer to the Tesla Model 3, begins taking shape

Volvo sister company Polestar has released a teaser image to give us our first look at the 2, its second model. Polestar tells us the 2 will arrive as a four-door fastback with a 400-hp electric powertrain and about 300 miles of range.

2020 Kia Soul and Soul EV continue to think inside the box

The 2020 Kia Soul is the third generation of Kia's boxy curiosity. The Soul maintains its signature look, but gets tech and powertrain upgrades. The all-electric Soul EV returns as well.

Psychedelic Volkswagen Microbus from Woodstock returns for an encore

With its trippy paint scheme, the Volkswagen "Light" bus became a symbol of the 1969 Woodstock music festival. VW teamed up with the artist who created this rolling mural to stage a comeback in time for Woodstock's 50th anniversary.
Emerging Tech

Awesome Tech You Can’t Buy Yet: Grow veggies indoors and shower more efficiently

Check out our roundup of the best new crowdfunding projects and product announcements that hit the web this week. You may not be able to buy this stuff yet, but it sure is fun to gawk!

Amazon plugs in with $700 million investment in electric pickup company Rivian

Amazon invested $700 million for a minority stake in U.S. all-electric truck maker Rivian, according to a joint release. The announcement follows a Reuters report that GM and Amazon might invest $1 billion to $2 billion in the company.