Wanna buy a bike cheap?

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LockH   100 GW

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Joined: Jul 09 2013 11:06pm
Location: Ummm.. Started out in Victoria BC Canada, then started to move around... Oh oh.

Wanna buy a bike cheap?

Post by LockH » Feb 08 2018 12:32am

AKA for "scrap value", FOB China...

Chinese bike sharing company No.1 Bicycle halts ops after just six months:
https://www.dealstreetasia.com/stories/ ... ths-92025/

Chinese bike sharing firm No.1 Bicycle said on Wednesday that it will halt service immediately after operating for just six months. The swift demise of the Beijing-based firm is the latest casualty in China’s bike sharing bubble that is seeing increasing numbers of firms going under, leaving consumers without the means to retrieve their deposits. The country has seen a wave of shared bicycles hit its city streets over the last year causing waste concerns as mountains of misshapen bikes pile up leaving eyesores across China. In November, the chief executive of Bluegogo said in a public letter posted online he had “made mistakes” and the firm was winding up. He apologised to investors, partners and 20 million registered users of the company’s 600,000 bikes.
"600,000 bikes". :shock: :mrgreen:

No. 1 Bicycle said on its website that it was shutting due to changes in its operating direction and did not say how it will deal with the left over bikes.
:twisted: :wink:
ES changed my life (for the waaaaay better).

Eff. June, 2014 Phoenix Ebike Promotions

(Current ride? High speed lawn chair.)

Phoenix Ebike Promotions conversion kit (work in progress. More drink holders, etc etc)

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