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Shanghai mulling bike-rental regulations

Shanghai is mulling rules to regulate the sizzling yet reckless development of the city’s bike-rental sector, local media is reporting (in Chinese). The new rules, expected to be introduced in May and come into effect in June or July this year, are the latest government efforts to deal with the growing problems emerging with the bike-rental […]

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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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TechNode’s Top Sharing Economy Stories of 2016

The sharing economy is exploding in China. Worth about 299 billion USD in 2015, the market is expected to surge by 40 percent over the next five years, China’s National Information Center reported earlier this year. While the sharing economy is relatively a broad term referring to businesses that are based on peer-to-peer sharing of […]

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8 questions about Chinese tech we will see answered in 2017

In the tech industry, new innovations are constantly supplanting old ideas and seemingly stable companies can find themselves facing unexpected challenges. However, the trends we saw started in 2016 posed questions that have yet to be answered. Here are eight of them we think will be answered in 2017. 1. Can Alipay effectively deter the aggressive rise […]