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Citi Bike Plans $100M Expansion to Double Coverage, Triple Number of Bikes

Mayor Bill de Blasio announced Thursday that Citi Bike will invest $100 million for a massive expansion to double its coverage area, triple the number of bikes and expand its discounted memberships for low-income New Yorkers over the next five years.  The funding is coming from Lyft, which recently purchased Citi Bike’s parent company Motivate. […]