Citi Bike could be about to hijack Jump 's planned acquisition of bike-sharing company Motivate by submitting its own counter-offer. Both Uber and Lyft have reportedly applied for licenses to run electric scooters in San Francisco; scooters were recently pulled from the city's streets pending a licensing process, in part because they've proven a nuisance for many. Motivate was thought to have agreed a deal of more than $250m with Lyft , but reports have suggested Uber could now be seeking to buy the company, which runs cycle hire schemes in cities including Chicago , Chicago , San Francisco , Boston and Washington, DC . Uber recently bought Jump , which operates a dockless bike-sharing scheme in Washington, DC , and has applied for a licence to run electric scooters in the city, as has Lyft .
Citi Bike could be about to hijack Jump 's planned acquisition of bike-sharing company Motivate by submitting its own counter-offer. Motivate was thought to have agreed a deal of more than $250m with Lyft , but reports have suggested Uber could now be seeking to buy the company, which runs cycle hire schemes in cities including Chicago , Chicago , San Francisco , Boston and Washington, DC . Uber recently bought Jump , which operates a dockless bike-sharing scheme in Washington, DC , and has applied for a licence to run electric scooters in the city, as has Lyft .