Thursday, December 6, 2018

Bike sharing makes money

You know those bike sharing services? I've always wondered how they make any money. But they're doing well in Seattle, and have logged more than 2 million rides, each of which are at least a dollar. They obviously are doing very well. They're expanding to electric scooters, and now car sharing also.
"Now, showing no signs of slowing down, Seattleites have broken another record as the first Lime market to hit 2 million carbon-free rides on Lime smart pedal and e-assist bikes. The announcement comes as Lime reported last month that its riders had taken more than 20 million trips on shared scooters and bikes worldwide."
Surprisingly the scooters are really contentious, and people have been complaining and even vandalizing them in purpose. I think users aren't polite on sidewalks, and leave the scooters scattered randomly in the sidewalk.

However, I like John Stossel's take on it, basically "get over yourselves - It's a great solution for 'lasty mile' transportation needs."

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