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Lyft’s financial woes have brought in a new CEO to help the troubled ride-hailing service, but lean times at Lyft could spell trouble for its near-monopoly on the country’s bike-share market, including the largest system, New York City’s Citi Bike.
Grant applications for bikes to be distributed to individuals and community organizations are being accepted.
The bike share program, which was operated by Lyft and used by University of Minnesota community members, announced it would no longer provide its bikes and scooters.
Blue Cross Blue Shield just sank one of the country’s longest-running bike share programs. Why does a private corporation have that power?
The Minneapolis City Council will vote Monday on whether to accept a gift of 244 deployable bike racks from Lyft and Nice Ride, who ended a bike-sharing program.