• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
bike share

Lyft Inks Deal With N.Y.C. and Becomes Largest Bike-Share Service in U.S.

By
Laura Stampler/TIME
Laura Stampler/TIME
Down Arrow Button Icon
By
Laura Stampler/TIME
Laura Stampler/TIME
Down Arrow Button Icon
November 29, 2018, 6:24 PM ET

Having sealed a deal to expand New York City’s Citi Bike, Lyft announced Thursday that it is now the largest bike-share service in the United States.

Although the ride-hailing company agreed in July to buy Motivate, an operator that reportedly dominates 80% of bike rentals in America, the deal didn’t become official until Thursday morning when Mayor Bill de Blasio announced New York City’s agreement for Lyft to dramatically expand Citi Bike. Motivate is Citi Bike’s parent company.

Techcrunch reporter Kate Clark tweeted photos of forthcoming Lyft-branded bikes and scooters. (Lyft scooters are currently available in Denver, Colorado and Santa Monica, California.)

https://twitter.com/KateClarkTweets/status/1068185964219002880

“New York City is one of the world’s great biking cities—and it’s about to get even better,” said Mayor de Blasio in a statement. “This expansion means tens of thousands more New Yorkers are going to have a fast and inexpensive way to get around their city. It also means much more reliable service for all the riders who already use Citi Bike.”

Lyft’s newly inked deal promises to invest $100 million in the city’s biking infrastructure, doubling its service area and tripling its number of available bikes to 40,000 in the next five years.

But N.Y.C. isn’t the only city that will be impacted by the Motivate acquisition. According to Lyft’s blog post, it will also be providing rides for “Ford GoBike (San Francisco Bay area), Divvy (Chicago), Bluebikes (Boston Metro area), Capital Bikeshare (Washington, D.C. metro area), Biketown (Portland), CoGo (Columbus, Ohio), and Nice Ride (Minneapolis).”

A Lyft spokesperson told The Verge that a “significant portion” of the new fleet of bikes will be electric bikes and indicated that it won’t be dock-less, noting, “Citi Bike has been successful as a dock-based system and we want to build on that success.”

Last April, Uber bought competing electric bike-sharing company Jump, which is dock-less.

About the Author
By Laura Stampler/TIME
See full bioRight Arrow Button Icon

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in

‘This is the last warning.’ Iran threatens U.S. warships after they throw down the gauntlet for winner-take-all Strait of Hormuz
PoliticsIran
‘This is the last warning.’ Iran threatens U.S. warships after they throw down the gauntlet for winner-take-all Strait of Hormuz
By Jason MaApril 11, 2026
20 minutes ago
Some communities are enduring unprecedented long waits on federal disaster requests, and Democrat-led states say they’re being denied
PoliticsFEMA
Some communities are enduring unprecedented long waits on federal disaster requests, and Democrat-led states say they’re being denied
By Gabriela Aoun Angueira and The Associated PressApril 11, 2026
2 hours ago
The petrodollar faces increased risk, but a petroyuan is ‘far-fetched’ as fears of U.S. losing superpower status are overhyped, strategist says
EconomyCurrency
The petrodollar faces increased risk, but a petroyuan is ‘far-fetched’ as fears of U.S. losing superpower status are overhyped, strategist says
By Jason MaApril 11, 2026
3 hours ago
Average price of new cars nears $50,000 as automakers focus on big pickups and SUVs while cheaper sedans get phased out
EconomyAutos
Average price of new cars nears $50,000 as automakers focus on big pickups and SUVs while cheaper sedans get phased out
By Alexa St. John and The Associated PressApril 11, 2026
5 hours ago
Navy tests Hormuz blockade as expert says U.S. military prepares for round 2 and could degrade Iran’s hold over the strait to a ‘manageable level’
PoliticsIran
Navy tests Hormuz blockade as expert says U.S. military prepares for round 2 and could degrade Iran’s hold over the strait to a ‘manageable level’
By Jason MaApril 11, 2026
6 hours ago
Pakistan sends military force to Saudi Arabia as part of pact
PoliticsMilitary
Pakistan sends military force to Saudi Arabia as part of pact
By Sara Gharaibeh and BloombergApril 11, 2026
8 hours ago

Most Popular

Scottie Scheffler joined Tiger Woods and Rory McIlroy in golf's $100M club—and donated his entire Ryder Cup stipend to charity
Success
Scottie Scheffler joined Tiger Woods and Rory McIlroy in golf's $100M club—and donated his entire Ryder Cup stipend to charity
By Fortune EditorsApril 10, 2026
1 day ago
The Navy confirmed an ‘abundant amount’ of Uncrustables when the Artemis II crew lands. Smucker’s just offered them a lifetime supply
Politics
The Navy confirmed an ‘abundant amount’ of Uncrustables when the Artemis II crew lands. Smucker’s just offered them a lifetime supply
By Fortune EditorsApril 10, 2026
1 day ago
The 'affordability economy' has created a housing market nobody predicted: Prices collapsing in the Sun Belt, soaring in the Rust Belt
Real Estate
The 'affordability economy' has created a housing market nobody predicted: Prices collapsing in the Sun Belt, soaring in the Rust Belt
By Fortune EditorsApril 11, 2026
15 hours ago
Warren Buffett says 'accumulating great amounts of money' doesn’t achieve greatness—He still lives in a $31,500 Nebraska home and clipped coupons
Success
Warren Buffett says 'accumulating great amounts of money' doesn’t achieve greatness—He still lives in a $31,500 Nebraska home and clipped coupons
By Fortune EditorsApril 11, 2026
12 hours ago
Palantir CEO says AI ‘will destroy’ humanities jobs but there will be ‘more than enough jobs’ for people with vocational training
Future of Work
Palantir CEO says AI ‘will destroy’ humanities jobs but there will be ‘more than enough jobs’ for people with vocational training
By Fortune EditorsApril 11, 2026
12 hours ago
Schools across America are quietly admitting that screens in classrooms made students worse off and are reversing years of tech-first policies
Innovation
Schools across America are quietly admitting that screens in classrooms made students worse off and are reversing years of tech-first policies
By Fortune EditorsApril 10, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.