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I tried the two Chinese bike-sharing giants trying to take over the world, and it was immediately obvious why they can’t seem to crack the US

china bike graveyard

  • One of the hottest sectors of Chinese tech is “dockless-bike sharing.” The two primary companies, Mobike and Ofo, have expanded aggressively in recent years across the world.
  • Both companies have faced unforeseen challenges upon trying to enter the US market.
  • While in China, I got a chance to use Mobike and Ofo extensively and it became apparent to me why the companies are having such trouble.
  • Both companies rely on dense urban areas and heavy ridership to stay profitable, their bikes are uncomfortable to ride for anything more than a 5-10 minute ride making them unsuitable for more spread-out US cities, and Americans read more >>>

    Source : BusinessInsider.Com





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