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Company Behind Biggest U.S. Bike Share Programs Declares Bankruptcy

Excerpt from The Verge

Skift Take

Anyone who’s tried Bixi-powered bike share programs have experienced bugs in the software and can likely understand while its partners refuse to pay the company until they are solved.

— Samantha Shankman

Bixi, the company that supplied the bicycles and stations for lauded bike sharing services in cities like New York, Chicago, and Montreal, has filed for bankruptcy, facing almost $50 million in debt it cannot pay.

At the heart of its troubles is buggy software that has led New York and Chicago to refuse to pay millions of dollars, arguing that the promised upgrades to help track and analyze rides have not been delivered.

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