The bike rental bubble popped a long time ago. Now, a new group of companies are taking a different approach to their predecessors.
Hello Transtech, an Alibaba-backed mobility unicorn, is streets ahead of the bikesharing firms that have come before it.
China’s bike rental industry has experienced a roller coaster over the past 3 years. At its height, there were nearly 80 bike rental startups in the market, brightening the streets with a rainbow of bikes. But in the fast-paced tech world, trends come and go quickly. Within a year, over 20 bike startups failed, including […]