Lyft to acquire Serveo's Spanish bikeshare operations unit (LYFT:NASDAQ)

Lyft to acquire Serveo's Spanish bikeshare operations unit (LYFT:NASDAQ)

Lyft (LYFT) to acquire Serveo’s Spain bikeshare business, expanding Lyft Urban Solutions in Europe.

Lyft to acquire Serveo’s bike share unit in Spain

Lyft Urban Solutions has announced plans to acquire Serveo’s bike share business in Spain this year in a deal that would majorly deepen the micromobility operator’s presence across the Atlantic. Today, Lyft Urban Solutions operates six bike share systems in North America including NYC’s Citi Bike which is the largest system on the continent. The operator, which is the micromobility division of the U.S. ridesharing giant Lyft, also supplies techn…