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 Post subject: SpeedX is over
PostPosted: Wed Nov 22, 2017 9:29 am 
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Joined: Thu Sep 21, 2006 8:57 pm
Posts: 4571
Location: Vicenza
I had the news a few days ago from China and here there's a link to part of the story.

http://technode.com/2017/11/17/bluegogo ... en-letter/

Basically the founder of SpeedX seems to have used the foundings for start a new bike rental in China but it never worked and it just kept losing money due to the power of other 2 main bike rental colpanies Ofo and Mobike.

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 Post subject: SpeedX is over
Posted: Wed Nov 22, 2017 9:29 am 


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 Post subject: Re: SpeedX is over
PostPosted: Wed Nov 22, 2017 5:05 pm 
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Joined: Fri Jun 03, 2016 5:08 pm
Posts: 929
Not sure how liquidation works in China, but we could see it come back stronger if it gets bought by another player.


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