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Monday, August 13, 2018

Menlo leads funding in JUMP Bikes - PE Hub
src: www.pehub.com

JUMP Bikes is a dockless electric bicycle sharing system operating in Washington, D.C. and San Francisco. The bikes cost $2 for the first half-hour to rent (then 7¢ per minute), and are located using a companion smartphone app. They are neon red and weigh seventy pounds (32 kilograms). Each JUMP bike has a 250-watt electric motor which powers the front tire. JUMP employees swap out the battery packs every three days. At the end of a ride, the bikes have to be locked to a sidewalk bicycle rack. A pilot program began in February 2018, allowing certain users of the Uber app in San Francisco to access JUMP's fleet of electric bicycles.

On April 9, 2018, Uber announced it had acquired Jump Bikes for a reported US$200 million. After the acquisition, Jump's CEO announced that the company was considering an expansion into Europe during 2019.


Video Jump Bikes



Areas served

United States

The service launched in Washington, D.C. in September 2017. This was followed by a launch in San Francisco during January 2018, becoming the first dockless bike sharing system to launch in the city. In May 2018, Jump launched in Santa Cruz, California with a fleet of 250 electric bicycles. They also launched in Sacramento, California during that month. In June 2018, Jump began a six-month pilot program with the City of Chicago, placing its dockless electric bikes in the South Side region for rental. On July 2, 2018, Jump made its Texas debut in Austin. In New York City, Jump e-bikes are available in Central Bronx and the North Shore of Staten Island as part of a dockless bike pilot program by the city which began in July 2018.

During the summer of 2018, Jump plans to expand the program to Providence, Rhode Island.

Europe

In June 2018, Jump launched its electric bike-sharing system in Berlin, Germany, marking the start of Jump's planned European expansion, under the ownership of Uber.


Maps Jump Bikes



Social Bicycles

Social Bicycles is a division of Jump Bikes which operates a back-end platform for bicycle-sharing systems. The company claims that 5 million rides on 15,000 bikes in 40 markets have been taken on SoBi-powered bikes.


Uber Makes Jump to Electric Bikes | TheDetroitBureau.com
src: www.thedetroitbureau.com


References

Source of article : Wikipedia