Monday, September 29, 2014

Has Citi Bike tapped out existing customer base?

Annual membership topped out at 105,367 in April and has been declining since. Membership will certainly soar again once the Phase 2 expansion begins. But if this year follows last year’s pattern, interest in membership starts to wane in September. So it’s hard to see the membership climbing again in the short term.
We’ll take another look when the September numbers come out.

Source: NYC DOT

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