Uber is trying everything to make bikes and scooters a profitable business

In 2020, it will introduce swappable battery kiosks in cities, which will allow Uber riders, drivers and couriers to exchange batteries on Jump-branded vehicles.

Uber made the announcements at an event in San Francisco, which included updates on its ridesharing, food delivery, freight hauling businesses and some incremental safety features. But Uber has pulled its electric bikes out of five markets this year, including San Diego, Dallas and Atlanta. The company described the exits as being decided on a case-by-case basis as it aims to make bikes and scooters a sustainable part of the transportation ecosystem. It will launch scooters in San Francisco next month after receiving government approval this week. Holt said Uber remains committed to bikes and scooters.

Uber's increased promotion of bikes and scooters fits its goal to be the transportation company for everyone, no matter how they're traveling. Previously, Uber users had to toggle to a different screen in the app to see bikes and scooters. Now they'll see the small vehicles displayed in the map on Uber's home screen.

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