Caixin
BUSINESS & TECH

Smart Chart: Investors Ride Bike-Sharing Wave

A

China has turned the business of bike sharing, traditionally a money-losing proposition sponsored by municipal governments, into the latest hot investment trend. Hundreds of millions of dollars have poured into the sector over the last two years, turbocharging an industry that has flooded the streets and sidewalks of major Chinese cities with legions of bikes in yellow, orange, blue, neon green and other colors, each representing a different startup.

You've accessed an article available only to subscribers
Try 4 weeks for $0.99
SUBSCRIBE
Share this article
Open WeChat and scan the QR code
Copyright ©2017 Caixin Global Limited. All Rights Reserved.