that year, as the pandemic resulted in an increase in bicycle usage. During August 2020, the governments of Jersey City and Hoboken, New Jersey, finalized an agreement with Lyft to operate Citi Bike stations in both cities for at least five years. The changes included upgrades to 51 existing Citi Bike stations in Jersey City and the addition of 46 additional stations in both cities during 2020 and 2021. In total, there would be nearly 1,000 Citi Bikes and 95 stations in New Jersey as part of the agreement. Hoboken had previously been served by a bike share system named JerseyBike, which was incompatible with Citi Bike, The Jersey City Municipal Council and the Hoboken City Council both approved their respective portions of the expansion in early 2021. Monthly average ridership numbers were above 100,000 for the first time in June 2021. On September 11, 2021, Citi Bike set a single day ridership record of 135,005 rides. Company Citi Bike is not funded by any subsidies from the city. Citigroup spent million to be its lead sponsor for six years, and in return was allowed to put its name on the bikes; in 2014, Citigroup injected an additional and extended its sponsorship through 2024. However, the bikeshare is owned by NYC Bike Share LLC, a subsidiary of Alta Bicycle Share, Inc. Jay Walder was the CEO of Bikeshare Holdings, which includes Alta Bicycle Share, and in turn, NYC Bike Share LLC and Citi Bike, until 2018 when the company was acquired by Lyft. In February 2017, Motivate and 8D Technologies merged, with Citi Bike ultimately being operated under the purview of the combined companies. , Citi Bike is the largest bike-sharing system in the United States, a distinction it first held when it opened in 2013. Citi Bike also had 130,000 members , up from 100,000 members in 2016. Citi Bike had 5.8 million annual trips in 2013, increasing to 8 million trips in 2014; 10 million in 2015; 14.1 million in 2016; 16.4 million in 2017; and 17.6 million in 2018. the bike share averaged 48,315 daily trips, up 8% from 2017. When Citi Bike recorded 70,286 trips on July 26, 2017, it was called "the highest single-day ridership of any [bike share] system in the Western world outside of Paris." The majority of Citi Bike riders were male , with women making a quarter of the trips and