Uber Acquires Brooklyn-based Bike Sharing Service JUMP in $200 Million

Uber has recently acquired a bike-sharing startup called JUMP. JUMP was already in talks with the transportation network company along with some investors for a potential fundraising round. As per one source, the final price for this deal is $200 million. The Bike-share company’s decision to sell to Uber was meant to realize the vision of the company on a...