Chief dreamer of our marketing department. The man of most ridiculously innovative ideas for apps and most audacious ways of their promotion.Other Articles of ped4enko
Bike sharing trend has started in China two years ago and by now it is steadily spreading around the world. It is already the hottest market by investment activity. The two biggest bike-sharing Chinese startups in China have recently raised $1.3 billion in funds and steadily conquering the large part of countries’ market. On the other hand, U.S. startup called Motivate boasts 50,000 rides per day which already makes it profitable.
Nevertheless, the niche is so volatile and hot that any new startup can succeed. The only question is to find the best suitable business model. For instance, making a true bike-sharing app, that will connect independent bike owners instead of investing into an own bike fleet.
Don’t Know Where to Start?
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