Bike-share apps race for glory

By Dan Martin in Shanghai ( China Daily ) Updated: 2017-02-11 07:17:20

Pedal power sees a revival as companies do battle with each other and with urban congestion and smog

Unlock them with an app, drop them off anywhere, and nip past lanes of stationary car traffic: the humble bicycle is seeing a revival in China as a new generation of startups help tackle urban congestion and pollution with fleets of brightly colored two wheelers.

The bike-share concept has attracted huge venture capital as fledgling firms wrestle for market share. Such has been the success of this made-in-China business model, which is using smartphones to reignite the nation's passion for cycling, companies are hatching plans to export the idea worldwide.

Bike-share apps race for glory

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