A long-term strategy for electric scooter travel

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According to Axios, Uber is planning a shift in emphasis from cars to electric bicycles and scooters for shorter journeys.

Questions:
1. What was the company that Uber acquired?
2. What were Uber’s losses last year?
3. How much did Uber pay for the electric bike-sharing company?
4. What types of risks do you anticipate for the new venture?

Source:
Staff (2018). Uber begins shift to e-bikes, scooters. Axios, August 27 (Retrievable online at https://www.axios.com/uber-electric-bikes-scooters-shift-98c5f842-9142-41bb-87bc-4ab386bcb82a.html)