China’s largest bike-sharing company has a solution for people vandalizing its bikes

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For all the buzz that the bike-sharing concept gets, the ill-treatment of these bikes gets just as much attention.

Because people are terrible.

China’s Ofo, which has become the first bike-sharing start-up to raise over $1 billion in funding, bears a huge brunt of that burden.

Thousands of its bikes have been thrown in piles, found in rivers or locked up behind fences; some by mean-spirited vandals, others by people meaning to hog the bikes for themselves. You’re supposed to ride a bike and leave it by the street corner for the next person, but some bring the bikes into their compounds, intending to keep it as a private ride. …

More about Bike Sharing, Ofo, China, and Business …read more

Via: Mashable: Business

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