Revelation of Shared Bicycles – Gao Tianyou – Hong Kong News Website hkej.com



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July 13, 2018

Gao Tianyou
Press review

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Gobee.bike, the first "shared bike" company in Hong Kong, has announced that it would be closed, bringing two surprises. The first is not surprising: start-up companies, especially technology start-ups, have a rate of over 90%, it's a survival accident, so it's not necessary to deny the value of entrepreneurial activities. The second is not unexpected: the business model of "shared bicycles" is meant to be self-sufficient … This sort of thing is popular in Mainland China, because of Alibaba, Tencent (00 …

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