In this case, folks figured out they could maximize the payout from Lyft’s Citibike “bike angels” program by taking advantage of a company algorithm used to meet its supply-and-demand needs.

some users of the Bike Angels program are profiting by manipulating Citi Bike's docking system. Lyft, Citi Bike’s parent company, introduced the Bike Angels program in 2016 to balance the flow ...

(Bloomberg) -- Lyft Inc., which operates the popular Citi Bike program, said it will raise fares for e-bike rentals in New York City by 20%, blaming higher-than-expected operating costs.

How Lyft is changing itself from a driving company ... But The Gap Is Narrowing These maps show Citi Bike users still skew young and male. But the imbalance is improving as the streets get safer ...

Lyft puts the brakes on some of its Citi Bikes due to brake issues The company is removing 3,000 Citi Bike’s from service in New York; Washington, DC; and San Francisco over braking problems.

If you live in New York, you’ve probably heard of Citi Bikes. It’s an immensely popular bike-sharing program by Lyft that operates throughout Brooklyn, Manhattan, Queens, Hoboken and Jersey City.

In this case, folks figured out they could maximize the payout from Lyft's Citi Bike "Bike Angels" program by taking advantage of a company algorithm used to meet its supply-and-demand needs.