How does bike sharing work in China?
I think bike-sharing is very hot in China.
- Convenient and quick
- Low-carbon environmental protection, reduce air pollution
- Ease traffic congestion
- Cheap car rental
- It was a fatal blow to mo
- Bring living entity economy
- Improve user experience
Bike-sharing is definitely a convenient invention or living mode in China, given that the terrible traffic jam in big cities like Beijing, Guangzhou, and Shanhai is incorrigible. However, it may cause some administrative problems. People park the bikes everywhere in the cities. Furthermore, many people try to steal the bikes.
1) That people love trends, especially those that use cell phones, are convenient, fun and make them feel like they are exercising / doing something for the environment
2) That even ideas that are idiotic can help benefit an economy (I have just had to retreat from walking on one of our pavements that has some many bikes that it is blocked for pedestrians! They have become an irritant to people walking on pavements, yet I can see their merits for people who use these bikes)
3) That the number of factories manufacturing bicycles has suddenly risen in China
There isn’t one in my city (Fairbanks, Alaska) The population within city limits is about 30k with about 70k in the surrounding area. There are at most five months of what most would consider bike season. It’s a major tourist destination.
The dock-based and traditional rental businesses here aren’t particularly profitable. The dock-based folks do a lot of thinking about dockless, both as an upgrade and as potential competition.
This is the big question in China too.
One popular answer that many speculate is that their plan is to profit by investing the deposit money that people pay to use the bikes.
Of course many also speculate that it’s part of another tech bubble. Many are eager to invest tons of money into any tech with cutting edge buzzwords and that these companies will burn through that money without making profits until the investments cease and then they’ll disappear.
So let’s wait and see …