Jump Bikes

Social Bicycles Inc.
JUMP Bikes
Industry Shared mobility
Founded 2010 (2010)
Founder Ryan Rzepecki
Headquarters New York City, New York
Areas served
 12 US cities and Berlin
Services
Owner Uber
Website jump.com
Footnotes / references
[1]

Social Bicycles Inc., doing business as JUMP Bikes, is a dockless electric bicycle sharing system operating in the United States and Germany.[2] The bikes cost US$2 for the first half-hour to rent (then US7¢ per minute), and are located using a companion smartphone app. They are neon red and weigh 70 pounds (32 kg).[3] Each Jump bike has a 250-watt electric motor which powers the front tire.[4] Jump employees swap out the battery packs every three days.[5] At the end of a ride, the bikes have to be locked to a sidewalk bicycle rack.[6] A pilot program began in February 2018, allowing certain users of the Uber app in San Francisco to access Jump's fleet of electric bicycles.[7]

On 9 April 2018, Uber announced it had acquired Jump Bikes for a reported US$200 million.[8] After the acquisition, Jump's CEO announced that the company was planning an expansion into Europe, which began in June 2018.[9]

In October 2018, Jump began rolling out its scooter-sharing system in Santa Monica, California in addition to the current e-bikes.[10]

As of October 2018, the company operated 4,000 bicycles across 13 cities.[11]

Areas served

United States

A Jump Bike docked at a public bicycle dock along the National Mall
A Jump Bike in Providence, Rhode Island

The service launched in Washington, D.C. in September 2017.[12] This was followed by a launch in San Francisco during January 2018, becoming the first dockless bike sharing system to launch in the city.[13] In May 2018, Jump launched in Santa Cruz, California with a fleet of 250 electric bicycles.[14] They also launched in Sacramento, California during that month[15], later adding charging stations for the e-bikes throughout the city.[16] In June 2018, Jump began a six-month pilot program with the City of Chicago, placing its dockless electric bikes in the South Side region for rental.[17] On 2 July 2018, Jump made its Texas debut in Austin.[18] In New York City, Jump e-bikes are available in Central Bronx and the North Shore of Staten Island as part of a dockless bike pilot program by the city which began in July 2018.[19] In August 2018, Jump began operations in Denver.[20]

As of September 2018, Jump has expanded the program to Providence, Rhode Island.[21] The company also received permission from the Santa Monica government to roll out 500 e-bikes and 250 e-scooters in the city.[22]

Europe

In June 2018, Jump launched its electric bike-sharing system in Berlin, Germany, marking the start of Jump's planned European expansion, under the ownership of Uber.[23]

Canada

In September 2018, Uber announced plans to expand Jump into the Vancouver market, which would make it the first dockless bikeshare in the city.[24]

Social Bicycles

Social Bicycles is a division of Jump Bikes which operates a back-end platform for bicycle-sharing systems. The company claims that 5 million rides on 15,000 bikes in 40 markets have been taken on Social Bicycles-powered bikes.[25]

References

  1. ↑ "JUMP Bikes". Crunchbase. Oath Inc. Retrieved 23 January 2018.
  2. ↑ McFarland, Matt (17 January 2018). "Electric bicycles emerge as a hot trend in the U.S." CNNMoney. Archived from the original on 18 January 2018. Retrieved 23 January 2018.
  3. ↑ Pender, Kathleen (27 June 2017). "Electric bike-share rides into SF, jumping ahead of Ford GoBike". San Francisco Chronicle. Archived from the original on 9 July 2017. Retrieved 24 January 2018.
  4. ↑ Alim, Teta (21 September 2017). "Electric ride: New powered-up bike share system coming to DC". WTOP-FM. Archived from the original on 24 January 2018. Retrieved 23 January 2018.
  5. ↑ Heining, Andrew (22 September 2017). "We tried all four of D.C.'s dockless bike-share systems. Here's our review". The Washington Post. Archived from the original on 24 January 2018. Retrieved 23 January 2018.
  6. ↑ Fitzgerald Rodriguez, Joe (9 January 2018). "SF grants first-ever permit for dockless 'e-bike' sharing". The San Francisco Examiner. Archived from the original on 10 January 2018. Retrieved 24 January 2018.
  7. ↑ Price, Rob (31 January 2018). "Uber is now letting people in San Francisco rent ebikes on its app". Business Insider. Retrieved 3 February 2018.
  8. ↑ Seppala, Timothy J. (9 April 2018). "Uber buys San Francisco bike-sharing service Jump". Engadget. Oath Inc. Retrieved 9 April 2018.
  9. ↑ McFarland, Matt (9 April 2018). "Uber buys a bikeshare company as it looks beyond cars". CNNMoney. Retrieved 9 April 2018.
  10. ↑ "Uber scooters have arrived in Santa Monica". Yahoo News. 4 October 2018. Retrieved 8 October 2018.
  11. ↑ Ceres, Pia (8 October 2018). "How Jump Designed a a Global Electric Bike". Wired. Retrieved 9 October 2018.
  12. ↑ Goldchain, Michelle (20 October 2017). "JUMP, D.C.'s electric dockless bike-share, plans to increase inventory in November". Curbed. Archived from the original on 20 October 2017. Retrieved 24 January 2018.
  13. ↑ Baldassari, Erin (17 January 2018). "JUMP Bikes to launch dockless, electric bikeshare in San Francisco". The Mercury News. Archived from the original on 17 January 2018. Retrieved 24 January 2018.
  14. ↑ York, Jessica A. (10 May 2018). "Santa Cruz celebrates Bike to Work Day with e-bike share launch". Santa Cruz Sentinel. Digital First Media. Retrieved 6 June 2018.
  15. ↑ "Are JUMP Bikes worth the rental?". KXTV. 1 June 2018. Retrieved 6 June 2018.
  16. ↑ Toll, Micah (28 September 2018). "Uber installing its own electric charging stations… for electric bicycles". Electrek. Retrieved 8 October 2018.
  17. ↑ Marotti, Ally (29 June 2018). "Uber's electric, dockless bikes coming to South Side". Chicago Tribune. Retrieved 3 July 2018.
  18. ↑ Bien, Calily (2 July 2018). "Uber launches dockless bicycles in Austin". KXAN-TV. Retrieved 3 July 2018.
  19. ↑ "Dockless bike pilot program coming to four NYC neighborhoods". NY1. 3 July 2018. Retrieved 15 July 2018.
  20. ↑ "Uber Launches 'Jump' Bikes". KCNC-TV. 18 August 2018. Retrieved 27 August 2018.
  21. ↑ Rose Dickey, Megan (16 January 2018). "Social Bicycles raises $10 million Series A round, rebrands as Jump Bikes". TechCrunch. Oath Inc. Archived from the original on 16 January 2018. Retrieved 24 January 2018.
  22. ↑ Clark, Kate (30 August 2018). "Santa Monica will allow Lime, Bird, Lyft and JUMP to operate e-scooters". TechCrunch. Oath Inc. Retrieved 30 August 2018.
  23. ↑ Connolly, Kate (6 June 2018). "Uber launches electric bike-sharing service in Germany". The Guardian. Retrieved 6 June 2018.
  24. ↑ Shankar, Bradly (18 September 2018). "Uber planning to launch bike-sharing service in Vancouver". MobileSyrup. Retrieved 18 September 2018.
  25. ↑ Magistretti, Bérénice (16 January 2018). "Jump Bikes locks in $10 million for bike sharing, launches dockless stations in San Francisco". VentureBeat. Archived from the original on 17 January 2018. Retrieved 24 January 2018.
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