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ColDayMan

Bike-Sharing

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Lyft follows Uber into bike-sharing lane, buying owner of CitiBike

 

Ramin-Talaie-Corbis-via-Getty-Images.jpg

 

The bike-sharing market is not huge, but its growth could cut into the core business of ride-hailing services Lyft and Uber.

 

More below:

https://www.bizjournals.com/cincinnati/news/2018/07/02/lyft-follows-uber-into-bike-sharing-lane-buying.html


"You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers

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Looks like all 5 bikeshare bikes that are left in service in Cleveland are going away for the winter. I've never heard of this company but hopefully version 2 of the bike share program is way better than the current. 

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Huntsville, Alabama is shutting down their Pace bikeshare system permanently, citing Covid-19 as a major factor. I don't know much about that specific system, but I wonder if other bikeshare systems across the U.S. are also struggling.

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Saw a few HOPR dockless bikes appearing in various locations around Cleveland today. Wade Oval across from CMA and Random Road in Little Italy.  Seem to getting deposited where the old UH Bike Stations were located.

 

Way more expensive than the nonprofit sponsored bike share systems. HOPR is $1 to lunock/$0.15 per minute or $15/day, $30 for a 30 day pass w/ 60 minutes per day.  Would prefer pricing like RedBike at $100/yr,  CoGo at $75/yr. 

IMG_8863.jpeg

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Its operated by the same company that did operations for the UH bikes, no?  Those prices are pretty steep. $9 for an hour?!

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Yep, same operator – CycleHop ran the prior bike share system, with UH as lead sponsor. CycleHop now does business as HOPR – without a sponsor in Cleveland. Not sure if HOPR is looking for a new sponsor, or pivoting to a different business model.  HOPR claim's to be getting into the scooter game too, not sure where.


Prices do seem a little steep. Better ride fast on that pay-as-you-go plan!

 

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