Author Bio
Evan is a senior technology specialist at The Motley Fool. He was previously a senior trading specialist at Charles Schwab, and worked briefly at Tesla. Evan graduated from the University of Texas at Austin, and is a CFA charterholder.
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A few years ago, e-scooter rentals were all the rage. Start-ups like Lime and Bird were taking the micro-mobility market by storm, and the boom was enough to attract the attention of ridesharing platforms
Uber and
Lyft. Both established companies dabbled in e-scooters to varying degrees, including acquiring smaller e-scooter start-ups and/or creating new segments. Uber scooped up Jump and quickly sold it, while Lyft bailed on e-scooter rentals in 2019.