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Life cycle: is it the end for Britain's dockless bike schemes?

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.

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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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