PYMNTS-MonitorEdge-May-2024

bike-sharing

Lyft to Acquire Bike-Share Provider PBSC Urban Solutions
Lyft to Acquire Bike-Share Provider PBSC Urban Solutions
April 20, 2022  |  Acquisitions

Ride-sharing app Lyft announced Tuesday (April 19) that it has agreed to buy PBSC Urban Solutions, a supplier of bicycle sharing equipment and technology to...

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How Lime Is Using Payments To Win The Global Scooter Race
How Lime Is Using Payments To Win The Global Scooter Race
March 27, 2019  |  Payments Innovation

Trust keeps the sharing economy afloat. It’s what makes sellers feel comfortable with lending their personal properties to buyers whom they have never met. It’s...

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Uber Expands ‘Ride Pass’ Monthly Subscription
Uber Expands ‘Ride Pass’ Monthly Subscription
March 26, 2019  |  Ridesharing

Ride-hailing company Uber is expanding its Ride Pass program, a subscription service that lets riders pay a monthly fee for discounted rides on all Uber...

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Bike And Scooter Businesses Take A Beating
Bike And Scooter Businesses Take A Beating
March 08, 2019  |  Ecosystems

The sharing of bicycles and scooters is a model that has over the last year or two has moved further into the mainstream of consumer...

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Bike Sharing Co Mobike Backpedals Operations To Focus On China
Bike Sharing Co Mobike Backpedals Operations To Focus On China
March 08, 2019  |  International

Chinese bike sharing company Mobike, which once attracted billions from big-name investors, said it is closing down all of its operations around the world, to...

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Study: Lyft Growing 2x As Fast As Uber
Study: Lyft Growing 2x As Fast As Uber
December 13, 2018  |  Ridesharing

A new report has found that Lyft is growing twice as fast as its chief rival Uber. While both companies grew their revenue since last...

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Amid GDPR Probe, Mobike To Sell Europe Branch
Amid GDPR Probe, Mobike To Sell Europe Branch
December 12, 2018  |  Regulation

Chinese bike-sharing company Mobike might be looking to spin off its European arm after it was revealed that it’s being investigated for possible breach of the...

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China’s Mobike Investigated Over GDPR
China’s Mobike Investigated Over GDPR
December 10, 2018  |  Regulation

Chinese bike-sharing company Mobike is being investigated by German regulators for potentially being in breach of the EU’s General Data Protection Regulation (GDPR). In a...

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Lime Coming To Canada Via Partnership With University Of Waterloo
Lime Coming To Canada Via Partnership With University Of Waterloo
October 02, 2018  |  Ridesharing

Lime, the scooter sharing startup, is gearing up to expand into Canada, planning to release a small fleet of e-scooters in Waterloo, Ontario. According to news...

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