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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?

  • Niamh McIntyre and Julia Kollewe
  • The Guardian

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…

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.

But in January, ofo followed oBike and…

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