Three major cycle-sharing companies have pulled out of Britain’s cities in just over a year. Can the schemes ever be sustainable? Not so long ago, Chinese bike-sharing company ofo was planning to put 150,000 of its distinctive yellow bikes on London streets. Buoyed by $2bn of venture capital funding, ofo was going to “optimise city resources” and “ save public space ”. Mobike, another Chinese start-up and ofo’s main competitor, was also apparently in the business of tech-altruism. Its journey data would provide “ invaluable insights” for local planning departments. Continue reading... from The Guardian https://www.theguardian.com/cities/2019/feb/22/life-cycle-is-it-the-end-for-britains-dockless-bike-schemes via TV In Wigan
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