Outdoor World

Bicycle-sharing firm loses 90% of its bikes, shuts down after just 6 months

All of those vandalised bikes were going to drive one of China’s bike-sharing fellowships out of business sooner or later. That hour has come. Wukong Bike one of an estimated 30 bike-sharing startups in China has shut after a mere a period of six months of operations. It had no choice: it lost nearly 90 percent of its bicycles to mischief and theft. SEE ALSO: Shared bicycles are so popular, they’ve crushed humans out of this common The company had a fleet of 1,200 bicycles in the towns of Chongqing.…

Read More
Outdoor World

Bike-sharing companies keep finding that people are terrible, in every city they enter

An oBike in a neighbourhood bicycle parking recognize, Singapore Image: Ng Yi Shu/ Mashable It’s been exactly three months after the first bike-sharing company reached in Singapore, but reports of abuse and vandalism of shared bikes in the town prevent popping up on social media. The majority of these shared bikes are stationless, which means they don’t need to be docked at a designated recognize. They fasten themselves after your razz is over, and you’re meant to just leave the motorcycle standing by the kerb. SEE ALSO: Bike-sharing business are…

Read More
Outdoor World

Bike-sharing leader Ofo needs to flood cities with its bikes, here’s why

For all the buzz that the bike-sharing conception get, the ill-treatment of these bicycles get just as much attention. Because parties are terrible. China’s Ofo, which has become the first bike-sharing start-up to be valued at over$ 1 billion in funding, countenances a huge brunt of that burden. SEE ALSO: People are dumping shared bicycles in horrible heaps Thousands of its bicycles have been shed in heaps, found in creeks or locked up behind fencings; some by mean-spirited hooligans, others by parties meaning to hog the bicycles for themselves. You’re…

Read More