China’s bike-sharing services entered the market at a time when congestion and pollution are spurring demand for better solutions for short-distance commutes. Eden Ding, an investment manager at Panda Capital, takes a look at the logic behind bike sharing from a Chinese investor’s point of view and offers useful background information on the emergence of the industry in China. getAbstract recommends this article to venture capitalists, entrepreneurs, shared-economy enthusiasts and people who enjoy biking to work.
In this summary, you will learn
- Why bike sharing has become popular in China and
- Which major players are shaping the bike-sharing market.
About the Author
Eden Ding is an investment manager at Panda Capital, a Chinese venture capital firm based in Shanghai. Panda Capital was the leading investor in Mobike’s series B funding.