Uber plans to expand bike and scooter business in 2020

Uber plans to “double down” on its investment towards bikes and scooters in 2020 especially in Europe, an executive at the company said according to CNBC.

Uber claims the adoption of bikes and scooters in Europe has outpaced that of the US in the last eight months and it will focus investment for the expansion of the business on the continent.

The firm bought Jump, a bike-sharing service based in the US last year and rolled out the bikes and scooters internationally, mostly in European cities.

“We want to double down on micro mobility,” Christian Freese, Jump’s head of EMEA, told the broadcaster in an interview. “We have seen how beautifully it works with our core business and ride sharing, and want to invest more and deeper, especially in Europe.”

Uber said that more than 500,000 Europeans had riden the vehicles in the last eight months alone, racking up 5m trips in total.