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Bluegogo, one of China’s largest bike-share companies, appears on the edge of ruin, with its office empty, debts unpaid and its CEO suddenly absent. The firm, which has raised $58 million and funded moves into Sydney and San Francisco, has outstanding debts of $30m it cannot pay, one insider told Yicai Global. Bluegogo, which has 700,000 bikes in its network, was ... Read More »
China’s Bike-Share Market a Failure of Transparency and Tech
