Why

Parking chaos, angry municipalities

As cities get flooded with bikes and careless parking, municipalities are fighting back with regulations.

Public transport overloaded

Rapidly growing urban populations are putting public transport systems under pressure in cities worldwide.

Market

49.65 million

Forecast number of bike-sharing users in China in 2017, doubling by 2019. Globally, bike-sharing is expected to generate revenue of US$5.8 billion by 2020 (20% yearly growth).

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