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Uber’s latest venture is a bike-sharing service in San Francisco
Uber's piloting a new service in San Francisco alongside dockless bike-sharing startup Jump. Uber Bike will let users rent one of Jump's 250 bikes, charging $2 for the first 30 minutes and an additional per-minute fee thereafter. Jump was granted a permit by the San Francisco Municipal Transportation Agency earlier this month, which made it the first company to operate a dockless bike-sharing program in the city. Jump's 250 bikes should launch around the city between now and March and the SFMTA may allow the company to release 250 more after nine months, depending on how things go. The permit was issued for 18 months, during which the SFMTA will evaluate the program and the public's response.
