Bike Sharing Apps In China Pop Up As Latest Startup And Unicorn Craze

Forbes – March 28, 2017

Convenient, cheap, practical and greentech, sharable bikes have become all the rage among students and young professionals in China’s leading cities. Why own a bike when you can use your mobile phone to scan a QR code and unlock a nearby, brand-new bike, ride it for however long you want at incredibly low prices (1 yuan or 14 cents for 30 minutes), park and lock it, and then move on, only to pick up another bike elsewhere later in the day.

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