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October 20, 2022 - In late April, Montréal’s legendary Bixi bike-share system, operated by PBSC Urban Solutions, a global supplier of bike-share equipment and technology, was acquired by Lyft. This huge move is part of Lyft’s micromobility expansion in North America.
PBSC has 7,500 stations and 95,000 bikes in 45 markets across 15 countries; the acquisition will roughly double Lyft’s scale in micromobility.
In 2018, Lyft entered the bike-share market through its acquisition of Motivate. With systems in New York, Los Angeles and San Francisco, it has since doubled the size of its flagship New York City bike-share system, Citi Bike, from 12,000 to over 24,000 bikes.
Established in 2008 under the name ‘Société de vélo en libre-service’, Montréal’s Bixi was launched in 2009 with great fanfare and initial success. The new bike-share system came to Toronto as well, but in 2014, the parent company filed for bankruptcy protection amidst controversy. Soon after, PBSC was formed.