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Jump (transportation company)
Jump (stylized as JUMP) was a dockless scooter and electric bicycle sharing system operating in the United States, New Zealand, Canada, France, Germany, Portugal, the United Kingdom, Mexico and Australia. The bikes were a bright red orange and weighed 70 pounds (32 kg). Riders unlocked bikes using the Uber app and were charged to their Uber account.
Each Jump bike had a 250-watt electric motor which powered the front wheel. Jump employees swapped out the battery packs every three days. At the end of a ride, the bikes had to be locked to a sidewalk bicycle rack.
Uber acquired the company in April 2018, and expansion into European markets began in June that year. In May 2020, Lime took over the Jump business as part of an investment deal with Uber.
Jump was founded as Social Bicycles, Inc. in 2010, and launched its bikes in 2013. By 2018 it had deployed 15,000 bikes in six countries, with users making over 5 million rides. The company rebranded as Jump in January 2018.
In February 2018, Uber reached a deal to allow riders in San Francisco to access Jump's fleet of e-bikes in the Uber app. Two months later, Uber acquired Jump Bikes for a reported US$200 million. After the acquisition, Jump's CEO announced the company was planning an expansion into Europe, which began in June 2018.
In October 2018, Jump began rolling out its scooter-sharing system in Santa Monica, California in addition to e-bikes. By then, Jump operated 4,000 bicycles across 13 cities.
In December 2018, Jump announced plans to update their bikes with new features including a front computer, improved electric-assist, and a swappable battery starting in January of the following year.
Uber transferred the Jump e-bike and scooter business to Lime in May 2020 as part of an Uber-led round of investment into Lime. In a statement, Uber CEO Dara Khosrowshahi said, "Lime has the operational expertise and undivided focus needed to build a scaled, sustainable micromobility business," and cited the move as preparing Uber for recovery after the COVID-19 pandemic had hurt Uber's rides business. After the deal, Uber destroyed thousands of old-model electric bikes and scooters due to maintenance, liability, and safety concerns.
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Jump (transportation company)
Jump (stylized as JUMP) was a dockless scooter and electric bicycle sharing system operating in the United States, New Zealand, Canada, France, Germany, Portugal, the United Kingdom, Mexico and Australia. The bikes were a bright red orange and weighed 70 pounds (32 kg). Riders unlocked bikes using the Uber app and were charged to their Uber account.
Each Jump bike had a 250-watt electric motor which powered the front wheel. Jump employees swapped out the battery packs every three days. At the end of a ride, the bikes had to be locked to a sidewalk bicycle rack.
Uber acquired the company in April 2018, and expansion into European markets began in June that year. In May 2020, Lime took over the Jump business as part of an investment deal with Uber.
Jump was founded as Social Bicycles, Inc. in 2010, and launched its bikes in 2013. By 2018 it had deployed 15,000 bikes in six countries, with users making over 5 million rides. The company rebranded as Jump in January 2018.
In February 2018, Uber reached a deal to allow riders in San Francisco to access Jump's fleet of e-bikes in the Uber app. Two months later, Uber acquired Jump Bikes for a reported US$200 million. After the acquisition, Jump's CEO announced the company was planning an expansion into Europe, which began in June 2018.
In October 2018, Jump began rolling out its scooter-sharing system in Santa Monica, California in addition to e-bikes. By then, Jump operated 4,000 bicycles across 13 cities.
In December 2018, Jump announced plans to update their bikes with new features including a front computer, improved electric-assist, and a swappable battery starting in January of the following year.
Uber transferred the Jump e-bike and scooter business to Lime in May 2020 as part of an Uber-led round of investment into Lime. In a statement, Uber CEO Dara Khosrowshahi said, "Lime has the operational expertise and undivided focus needed to build a scaled, sustainable micromobility business," and cited the move as preparing Uber for recovery after the COVID-19 pandemic had hurt Uber's rides business. After the deal, Uber destroyed thousands of old-model electric bikes and scooters due to maintenance, liability, and safety concerns.