Who knew? This really a thing now. The $250 million acquisition comes moments after Uber bought their own bike-hare for $200 million.
I never saw the need for this to be run at a national scale to be honest. Every major city already has a functioning shared-bike deployments already, right?
I didn't even know there were so many. See this excerpt from Wired:
"Yes, the race to control every part of the urban transportation system is on. And thanks to the rising popularity of bike- and scooter-shares, the game ain’t just about cars anymore. That makes Motivate an important player. The company’s eight bike-share programs—including the country’s largest, New York’s CitiBike, its oldest, DC’s Capital Bikeshare, plus Chicago’s Divvy, San Francisco’s FordGoBike, and Boston’s Hubway—account for at least three-quarters of last year’s 35 million bike-share trips." https://www.wired.com/story/lyft-bike-share-motivate-acquisition/