Chinese Cycle-Sharing Startup to Enter India Next Year - How's that phone?
The cycle-sharing industry is a billion-dollar industry in China and has taken the country by storm. It has grown exponentially in past 2 years. Recent surveys reveal that China hosts a total 70 cycle-sharing brands having more than 16 million cycles and 130 million users. According to some sources, an ardent Chinese bicycle-sharing startup, Ofo, …
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