Road is turning bumpy
By Ouyang Shijia | China Daily | Updated: 2017-03-27 06:46
The battle of colorful bicycles in China's bike-sharing market has turned fiercer.
The top two players, Mobike, which provides orange bikes, and its rival ofo (yellow bikes), are set for rapid growth.
Research firm QuestMobile's data shows Mobike had 978,600 daily active users in January, up 20.4 percent month-on-month, while ofo had 486,600, up 59 percent.
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