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After a cycle of boom and bust, bike sharing is back on a roll.
The turf wars and business battles of the early years left the industry’s original big players in ruins, rider numbers falling and millions of bikes rusting.
But the Covid-19 pandemic saw Chinese people avoid public transport like taxis and crowded subways and turn back to bikes. New technology and a more mature approach to competition is helping the industry win back more riders.
Watch Money Talks: http://m.kankanews.com/n/1_9569223.html
Download the Kankan app
Android: https://bit.ly/3l43XlJ
iPhone: https://apple.co/2JGx5lb
After a cycle of boom and bust, bike sharing is back on a roll.
The turf wars and business battles of the early years left the industry’s original big players in ruins, rider numbers falling and millions of bikes rusting.
But the Covid-19 pandemic saw Chinese people avoid public transport like taxis and crowded subways and turn back to bikes. New technology and a more mature approach to competition is helping the industry win back more riders.
Watch Money Talks: http://m.kankanews.com/n/1_9569223.html
Download the Kankan app
Android: https://bit.ly/3l43XlJ
iPhone: https://apple.co/2JGx5lb