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Uber's Foray into the Electric Scooter Market: The Ownership Connection

In the ever-evolving landscape of urban mobility, electric scooters have surged in popularity, providing an eco-friendly, convenient, and cost-effective mode of transportation for short-distance travels. Among the plethora of companies that have burst onto the electric scooter scene, a frequently asked question is: Which scooter company does Uber own?


The answer to this intriguing question takes us back to 2018 when Uber made a strategic move into the micro-mobility sector through the acquisition of Jump, a bike, and scooter-sharing company. This acquisition represented Uber’s commitment to expanding its transportation offerings beyond traditional car rides.


Jump's electric scooters became known for their bright red color and robust build. However, the integration of Jump into Uber's array of services presented users with a seamless mobility experience, allowing them to access not only cars but also electric bikes and scooters within the same Uber app.


Despite this promising start, Uber's journey with Jump took a turn in 2020. Amidst the global changes and Amidst the global changes and market realignments due to the COVID-19 pandemic, Uber decided to offload Jump to Lime, another significant player in the electric scooter rental market.realignments due to the COVID-19 pandemic, Uber decided to offload Jump to Lime, another significant player in the electric scooter rental market. As part of this deal, Uber became a significant investor in Lime, thereby retaining an interest in the expanded electric scooter and bike services Lime offers.


Although Uber no longer owns a scooter company directly, its investment in Lime ensures that Uber app users still have access to electric scooters through a collaborative partnership.


When you open the Uber app in many cities around the globe today, you'll find Lime electric scooters available for rent alongside Uber's ride-hailing options.


In summary, while Uber once owned the electric scooter company Jump, it has since transferred ownership to Lime, maintaining an influential presence in the micro-mobility space through investment and strategic partnership. This makes Uber a key stakeholder in modern urban transportation, promoting a diversified portfolio of travel options, connecting users with on-demand electric scooters, and furthering the adoption of sustainable mobility solutions.


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