The bike rental bubble popped a long time ago. Now, a new group of companies are taking a different approach to their predecessors.
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Didi raises $1 billion in push for 100 million daily trips
Didi is digging a wide yet deep competitive moat around the broader Chinese mobility market. Bike rentals will be a main driver of growth.
China’s bike rental sector recovering as workforce returns
China’s bike rental industry is rebounding after the Spring Festival holiday as riders see it as the safest transportation option during the outbreak.