China’s third most popular bike-sharing app provides differentiated services, such as lower rates and electronic parking stations.
Why
Parking chaos, angry municipalities
As cities get flooded with bikes and careless parking, municipalities are fighting back with regulations.
Public transport overloaded
Rapidly growing urban populations are putting public transport systems under pressure in cities worldwide.
Market
49.65 million
Forecast number of bike-sharing users in China in 2017, doubling by 2019. Globally, bike-sharing is expected to generate revenue of US$5.8 billion by 2020 (20% yearly growth).
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