bike sharing

bike sharing News

How Chinese bike-sharing firm Ofo went from $2 bn valuation to considering bankruptcy

Ofo's plight is a warning for China's tech investors, who have ploughed tens of billions of dollars into loss-making businesses such as bike sharing,

China seeks safe steering of bike-sharing boom to clear cluttered streets

China published draft guidelines to regulate the booming bicycle-sharing industry who have cluttered up sidewalks with bikes despite raising millions in funding.