Lyft pumps $100 million into New York City’s Citi Bike for major expansion

Lyft pumps $100 million into New York City’s Citi Bike for major expansion


Lyft is set to more than triple the size of Citi Bike, New York City’s bikesharing service. The news comes as Lyft confirmed its acquisition of Motivate, North America’s largest bikesharing operator, which runs Citi Bike.

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