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 […]
This Ex-Uber Exec Is Creating China’s Uber For Bicycles
Uber has inspired so many on-demand services that the phrase ‘the Uber of _____’ has become more than a little tired. This time, however, we’ve come across a service that is not only Uber-like in spirit and interface, but also in its team makeup. Founded by Davis Wang, a former executive of UberChina, Mobike is an […]