Internet Companies Race to China’s Fledging Smart Bike Market

We are about to enter the age where everything is smart, whether smartphone or smart wristband, smart watch or smart home. The technology that enabled these transformations is changing every aspect of our lives, including our means of transportation.

China has long been known as the kingdom of the bicycle, with 370 million units in the country as of 2013. Although the country’s development has greatly weakened the role of bicycles as the major means of transportation, it has given rise to another popular function, as a way of physical exercise or sport.

Putting these trends into perspective, a wave of Chinese internet companies, big and small, are eyeing this market to upend yet another traditional industry.

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