Beijing and Shanghai have given no indication of whether the bans will be lifted.
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Posted inWith Chinese Characteristics
Guangzhou invites bike-rental firms to bid for quotas after 19-month ban
Chinese bike-rental firms, Mobike and Hello Transtech, expressed their willingness to enter the bidding.
Posted inViews
Luckin may not last, but its model will
More and more fast-growing startups are headed to IPO while hemorrhaging money.
