Ready or not, China, once known as the bicycle kingdom, is in the midst of a cycling revival. While the car has rapidly displaced bikes, we now see more than a dozen startups flooding into the dockless bike-sharing arena. Investors have taken their sides in the stiffening battle, but a more pressing question is which […]
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China Transportation Wars 2.0: Bike Sharing
The dust kicked up by ride sharing has settled, but the air is again charged with electricity. This time, it’s bike sharing, and companies are losing no time stocking up on ammo. The latest news is that Ofo, a dockless bike sharing company which started on campus, has completed a C round totaling 130 million […]
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Didi May Be Ready For Bike Sharing, But What About The Rest Of The Nation?
Didi-Uber, China’s newly minted transportation tycoon, has revealed intentions to append a bike sharing service to its hefty platform, as it pours tens of millions of U.S dollars in strategic investment into dockless smart bike company Ofo. The ride sharing company has no trouble divining a future where bike sharing becomes the latest installment on […]
