Uber Gets Into Car Rentals And Public Transit (4-11-18)

Uber  is officially a multi-modal transportation platform. On the heels of its acquisition of bike-share startup JUMP, Uber CEO Dara Khosrowshahi today announced Uber Bike‘s expansion into Washington, D.C., along with two key partnerships in car rentals and public transit.

The first is with instant car-booking service Getaround,  which launched at TechCrunch Disrupt NY in 2011 to enable car owners to rent their vehicles to neighbors, tourists and other people within their city.

Dubbed Uber Rent, the platform taps into Getaround’s existing marketplace of cars that are available for instant rentals. Uber Rent, which will launch in San Francisco later this month, lets people book Getaround cars directly from the Uber app. Once Uber feels solid about the product market fit, it will expand the program nationally.

Read Full Story Here (via TechCrunch)