Purwell
V.I.P Member
Posts : 1114
Join date : 2017-03-19
Age : 76
Location : Hertfordshire UK
 | | Subject: Free Bike Anyone? Wed Jun 21, 2017 7:57 am | |
| A Chinese bike-sharing company has gone out of business after 90% of its bikes went missing in the first five months.Chonqing-based Wukong Bikes said the bulk of its 1,200 two-wheelers were lost or stolen.Unlike rivals, the firm did not put GPS systems on its bikes and by the time it realised the technology was necessary, money had run out.It is believed to be the first bankruptcy of China's booming bike-sharing industry.A free rideBilled as "Uber for bikes", China's tech giants have been funding sophisticated bike hire businesses as a potential solution to congested roads.Tencent-backed Mobike and Ofo, supported by Alibaba and Xiaomi, are dominating the market.But Wukong was a much smaller player, aimed mainly at students in the city.Full article here: http://www.bbc.co.uk/news/business-40351409 |
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andsome
V.I.P Member
Posts : 4525
Join date : 2014-09-24
Location : Burntwood in Staffordshie, ENGLAND
| | Subject: Re: Free Bike Anyone? Wed Jun 21, 2017 8:26 am | |
| They should have thought it through.  ----------------------------------------- Gustav Mahler is the finest composer who ever lived.  |
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davo
Senior Member
Posts : 3787
Join date : 2016-10-19
Location : OZ
| | Subject: Re: Free Bike Anyone? Fri Jun 23, 2017 1:41 am | |
| you do realize that in engish wukong means 'all fecked up? ? |
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| | Subject: Re: Free Bike Anyone? | |
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