Whether or not you’ve been paying attention, bikes are back.

In the material-deprived seventies in China, owning a bicycle was a clear wealth indicator, the equivalent of owning an apartment in Beijing today (okay, not THAT wealthy).  After being dubbed “the kingdom of bicycles”, the last two decades have for the most part been a demise of these two wheelers, but that trend is fast turning around, the recent bike-sharing mania standing testament to this retro fad.

As part of the smattering of bike-sharing related news that hits Chinese startups and VC circles weekly, a gallery of so-called “Webikes” went viral last week, evoking rumors that WeChat would be the next mammoth player, stirring up the already choppy waters.

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

What you get

Full access to all premium content and our full archives

Members'-only newsletters

Preferential access and discounts to all TechNode events

Direct access to the TechNode newsroom

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

April Ma

Based in Beijing, April Ma writes on tech trends and covers startups that may (or may not) be the next BATs. Reach her at April.ma@technode.com or Mafangjing (Wechat).