Advertisement

Alta bicycle share

Alta Bicycle Share is now under the sole ownership of a group of investors known as Bikeshare Holdings LLC, who are preparing to dump $30 million into the program, enabling to double in size.
They'll likely be raising annual membership prices from $95 to about $145.
Though Citi Bike has refused to comment on the potential partnership, details are eking out slowly.
Citi Bike is reportedly gearing up for a multimillion dollar cash infusion, and it's not moribund at all!
The impoverished Citi Bike program might have a new savior.
But it certainly won't expand any time soon.
Citi Bike's descent into the financial doldrums is becoming outwardly apparent, with employees lagging behind on making repairs to broken bikes and docks and failing to handle vandalization in a timely manner.
arrow Back To Top