Lyft, the parent company of Citi Bike, is cracking down on users exploiting its Bike Angels program for profit through a practice known as 'station flipping.'
For over a decade now, the Citi Bike program has been a popular way to get around New York City.With thousands of bikes scattered across the city, ready to ride at a moment's notice, ridership has continued to soar.But an unintended consequence of Citi Bike's success has emerged: some users of the Bike Angels program are profiting by manipulating Citi Bike's docking system.
Epperson said he managed to earn between $1,000 and $2,000 every month over the summer, while others have made even more."Some of them can make upwards of 7 to 8 thousand a month but that’s all they’re doing," he added.However, the program’s success has caught the attention of Lyft and critics who say some users are manipulating the system by intentionally creating bike shortages.
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