Ola, Uber’s India Rival, Raises $500M In Funding, Now Valued At $5 Billion

Most bike-share rides are between two stations, indicating the services are being used for transportation. But the majority of round-trip rides occur near parks or trails, suggesting riders are also using bike-share programs for recreation, according to a report by Rice University’s Kinder Institute for Urban Research. “The more stations there are throughout a city, the more destinations people can go to from any one kiosk. So, commuting activity can increase exponentially as a system expands,” said co-author Kelsey Walker.