Chinese state media hailed it as one of China’s “Four Great Inventions” of modern times. Today, what most people remember are the graveyards. Or the thousands of bikes left on streets and public areas. In less than a year, 70+ bike-share startups burned billions of dollars to put 20+ million bikes on Chinese streets. It was insane. It was unsustainable. Oh boy. In this video, we dive into the bonkers Chinese bike-share bubble of 2017-2018.
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