Uber brings electric bike service JUMP to London


LONDON, May 24 (Reuters) - Taxi app Uber UBER.N will pilot its electric bicycle service JUMP in London from Friday as it makes 350 bikes available to rent in a part of Britain's capital city, a keyglobal marketfor the firm.

Uber, which floated earlier this month, has been expanding into new areas as it tries to broaden its business offering.

Electric JUMP bikes are already available around the world including in the United States and Canada and other European capitals including Berlin and Paris.

Users will be able to unlock a bike through the firm's app for 1 pound ($1.27), with the first five minutes of a ride free of charge followed by a 12 pence per minute cost thereafter.

Scooter and bicycle services, car clubs and taxi apps are among the offerings vying to meet the challenge of travel in urban areas where regulators around the world and politicians are trying to cut congestion and improve air quality.

(Reporting by Costas Pitas; editing by Stephen Addison)

((Costas.Pitas@thomsonreuters.com; 02075428024; Reuters Messaging: costas.pitas.thomsonreuters@reuters.net and @Cpitas on Twitter))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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