KM Financial Solutions | UPDATE 2-Uber agrees to buy electric cycle-sharing startup JUMP Bikes
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UPDATE 2-Uber agrees to buy electric cycle-sharing startup JUMP Bikes

UPDATE 2-Uber agrees to buy electric cycle-sharing startup JUMP Bikes

SAN FRANCISCO, April 9 (Reuters) – Ride-hailing company Uber
Technologies Inc said on Monday it has agreed to buy
electric bicycle service JUMP Bikes, allowing Uber to offer U.S.
passengers an alternative to cars and further consolidating the
crowded bike-sharing industry.

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