Uber jumps into Europe's crowded bike-sharing market
Uber, the ride-hailing company which has been banned from many European cities, is about to launch its JUMP electric bicycle sharing service in Germany as it diversifies and seeks to build bridges with local authorities. Uber's Chief Executive Dara Khosrowshahi made the announcement at a conference in Berlin as dozens of German taxi drivers outside waved placards that read "Uber go Home". "I want this to signal a deep commitment to Germany," Khosrowshahi said, arriving on stage with a bright-red JUMP bicycle.
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