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.
Questions about bike hire abroad and everything light bike related. No off-topic chat please
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