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July 2, 2018 07:48 pm GMT

Lyft Acquires Citi Bike Parent Company, Entering Bike-rental Business

Lyft had been in talks with Motivate – the company behind New York City’s Citi Bike rental program – and today, that deal was announced. However, neither Lyft nor Motivate announced how much the deal was worth, but the talks were believed to be centered around a $250 million price tag in June. With this […]

The post Lyft Acquires Citi Bike Parent Company, Entering Bike-rental Business appeared first on AndroidHeadlines.com |.


Original Link: https://www.androidheadlines.com/2018/07/lyft-acquires-citi-bike-parent-company-entering-bike-rental-business.html

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