Articles tagged “bike-sharing”

Uber Plans On Disrupting Itself With All Kinds of Transport

Uber Plans On Disrupting Itself With All Kinds of Transport

Eric Newcomer, Bloomberg

As the company prepares for its IPO, it wants investors to know that its ambitions are big. But it's hard to imagine scooters becoming wildly popular, and it's an expensive investment, especially at a time when growth of its core business is slowing.

2 months ago

Uber Is Expanding Its Electric Bike Rentals Into Europe

Uber Is Expanding Its Electric Bike Rentals Into Europe

Natalia Drozdiak and Stefan Nicola, Bloomberg

Uber CEO Dara Khosrowshahi is on a "charm offensive," as this story points out, trying to expand into markets that have proven tricky in the past. Will it work?

11 months ago

Beijing’s Bike-Sharing Companies Race to the Bottom on Price

Beijing’s Bike-Sharing Companies Race to the Bottom on Price

Associated Press

Bike-sharing programs are now common in tourist-heavy cities like Beijing, but these programs don't maintain themselves, and rock-bottom prices don't help. Just look at all the financial and human resources that go into New York's Citi Bike.

2 years ago

Bike-Sharing Startup in China Builds $1 Billion Business Out of 15-Cent Rides

Bike-Sharing Startup in China Builds $1 Billion Business Out of 15-Cent Rides

Lulu Yilun Chen , Bloomberg

As Uber's Travis Kalanick or airlines know, companies often have to race to the bottom on pricing in order to eliminate the competition. Bike-sharing companies in China are playing the same game.

2 years ago