Global bike trend

Source:VCG Published: 2018/3/6 19:03:39

South Koreans choose bicycles provided by Chinese bike-sharing company Mobike Technology Co at Sungkyunkwan University in Suwon on Tuesday. Mobike entered the South Korean market in October 2017 thanks to its initial presence in Suwon, following its emergence in a number of other foreign cities. China's bike-sharing industry has reached a frenzy in just less than three years. The two market leaders - ofo and Mobike - are each worth more than 10 billion yuan ($1.5 billion). Photo: VCG


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