Launching a dockless bike-sharing startup is one thing — obtaining the permits to implement the dockless system within a city is another. Jump Bike has secured $10m in funding to expand its electric bike-sharing service. The bikes don't need to be returned to a specific location, can be unlocked with a smartphone and feature a built-in lock for the end of the ride, all at a cost of $ 2 for 30 minutes , then $ 2 per further minute. Jump Bikes last June received an exclusive permit for 40 bikes in New York City .
Jump Bike has secured $10m in funding to expand its electric bike-sharing service. The bikes don't need to be returned to a specific location, can be unlocked with a smartphone and feature a built-in lock for the end of the ride, all at a cost of $ 2 for 30 minutes , then $ 2 per further minute. Jump Bikes last June received an exclusive permit for 40 bikes in New York City .