Lyft is officially moving into bikeshare.
The company known for ridesharing announced the acquisition of Motivate, which operates Capital Bikeshare and services in multiple other cities like New York, San Francisco and Chicago. Motivate’s name isn’t on many of the systems it operates, but the company said it provided 80 percent of bikeshare trips across the country in 2017.
“Introducing Lyft Bikes,” an announcement issued Monday by the company states.
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