New A Mangled Pile Of Bicycles Inwards China, From The South-Eastern Metropolis Of Xiamen, Amongst Thousands Of Bikes From Each Of The Summit 3 Bike Sharing Companies, Mobike, Ofo In Addition To The Now-Defunct Bluegogo.
But the scene inward Xiamen appears to live on 1 of the largest amalgamations of discarded bicycles, alongside trucks unloading bikes from unopen to the city.
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https://www.theguardian.com/uk-news/2017/nov/25/chinas-bike-share-graveyard-a-monument-to-industrys-arrogance
China’s 3rd largest bike sharing company, Bluegogo, has reportedly run across fiscal trouble, among a moving ridge of busts in addition to consolidations inward an manufacture that took the province past times tempest this year.
Bluegogo burned through 600m yuan (£68m) inward investor funding inward the twelvemonth since it was founded past times its youthful CEO Li Gang, deploying 700,000 bikes across cities inward China.
At to the lowest degree 3 other bike sharing companies convey also gone bust inward recent months, although Bluegogo is past 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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