Submission + - Uber Destroys Thousands of Bikes and Scooters (bbc.com)
In 2018, Uber said it would focus more on its electric bike and scooter business than on cars. But on 7 May this year, Uber announced a deal that saw Lime take over the Jump bike business. As part of the deal, Uber invested $170 million in Lime, while Lime acquired "tens of thousands" of Uber's Jump bikes — and the associated intellectual property. Lime's chief executive Wayne Ting has said he prefers the design of Uber's bikes and will deploy more of them in the future. However, there were also "tens of thousands" of older-model bikes that Lime did not inherit as part of the deal. Videos shared on Twitter show the bikes arriving at a recycling facility in North Carolina to be destroyed.