With over 40 companies competing for bike-sharing market, there are bound to be losers. With several large startups imploding, the industry is ready for even bigger shake up.
from Forbes Real Time https://www.forbes.com/sites/evgenytchebotarev/2017/12/16/with-hundreds-of-millions-of-dollars-burned-the-dockless-bike-sharing-market-is-imploding/
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