Beleaguered transportation network company Uber has acquired JUMP, one of the dockless bikesharing companies making news in recent months in cities around the United States.
"Uber on Monday closed its purchase of the bike-sharing startup Jump," reports Megan Wollerton.
The news provides a culmination of a story developing since January 2018, when Uber partnered with JUMP to launch an e-bike-share pilot in San Francisco called Uber Bike by JUMP.
An Uber press release announcing the purchase of JUMP touted the transportation network company's goal to "[make] it easier to live without owning a personal car."
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Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.
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