A Mangled Pile Of Bicycles Inwards China, From The South-Eastern City Of Xiamen, Alongside Thousands Of Bikes From Each Of The Meridian Iii Bike Sharing Companies, Mobike, Ofo Inwards Add-On To The Now-Defunct Bluegogo.



The large unloosen of cycles on Chinese streets bring led to scenes of clogged sidewalks no longer gibe for pedestrians inwards add-on to piles of mangled bikes that bring been illegally parked.

But the scene inward Xiamen appears to alive on 1 of the largest amalgamations of discarded bicycles, with trucks unloading bikes from unopen to the city.

https://www.theguardian.com/uk-news/2017/nov/25/chinas-bike-share-graveyard-a-monument-to-industrys-arrogance

China’s third largest bike sharing company, Bluegogo, has reportedly come across financial trouble, amongst a wave of busts inwards add-on to consolidations inward an manufacture that took the say by times storm this year.

Bluegogo burned through 600m yuan (£68m) inward investor funding inward the twelvemonth since it was founded by times its youthful CEO Li Gang, deploying 700,000 bikes across cities inward China.

At to the lowest score three other bike sharing companies bring also gone bust inward recent months, although Bluegogo is by times far the largest.

https://www.theguardian.com/world/2017/nov/17/anger-as-chinese-bike-sharing-firm-shuts-up-office-with-riders-deposits

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