Lyft acquires Capital Bikeshare and unveils design for Lyft Bikes
WASHINGTON — Ride hailing company Lyft, which recently jumped into the dockless electric scooter business in D.C., has completed its planned acquisition of Motivate, the company that operates the city’s long-established public docked bike operator Capital Bikeshare. The deal was first announced in July. Lyft also unveiled a first look at its own Lyft Bikes, which it says it will launch in a handful of new cities across the country starting next year. It did not say if or when