San Francisco — Ride-sharing giant Uber will take over Jump Bikes, a bike-sharing startup offering dockless electric bicycles, the US firms announced on Monday. Jump and Uber were previously partners and 250 red bikes — which could be picked up or dropped off anywhere using built-in GPS — have been available through the Uber app in west San Francisco since the start of the year. The pilot got off to a "very strong start, with riders enjoying a convenient and environmentally friendly way to cruise up and down our trademark hills," Uber CEO Dara Khosrowshahi said in a blog post, without disclosing the terms of the takeover. "Jump’s CEO Ryan Rzepecki is an impressive entrepreneur who has spent the better part of a decade bringing bike-sharing to life across the globe. I’m thrilled to welcome his team and their stellar product on to the Uber platform," he said. New York-based Jump, which employs about 100 people, will be a subsidiary of Uber — with the goal of making bikes available wor...
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