Why Investors Are Betting That Bike Sharing Is the Next Uber

There’s a trope that foreign startups can’t innovate—they just copy ideas created in Silicon Valley. The success of China’s dockless bike-sharing startups has flipped that script, and now U.S. companies are scrambling to catch up. Bike-sharing programs have spread across the US in recent years, but slowly. It takes time to secure government and corporate …

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