Lyft follows Uber's steps, enters bike-sharing business with Motivate deal

(Reuters) - Lyft Inc said on Monday it would buy bike-share operator Motivate as the ride-hailing company tries to fend off competition arising from rival Uber Technologies Inc's [UBER.UL] purchase of electric cycle-sharing startup JUMP Bikes in April.

from Reuters: Technology News https://ift.tt/2MIyzYa