The Company Behind CitiBike’s Technology Is Going Bankrupt. Now What?

The Company Behind CitiBike's Technology Is Going Bankrupt. Now What?

Bixi—the Montreal nonprofit company that developed the technology that powers New York City’s eight-month-old CitiBike program—filed for bankruptcy protection today, after it emerged that cities including New York and Chicago were withholding payments to the company. Could the news affect CitiBike? Maybe—but not just yet.

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