How the boom in Chinese bike-share companies like Ofo and Mobike was quickly followed by a bust, wiping out many investors and littering towns with unused bikes (New York Times)

New York Times:
How the boom in Chinese bike-share companies like Ofo and Mobike was quickly followed by a bust, wiping out many investors and littering towns with unused bikes  —  Bike-sharing start-ups brought prosperity to Wangqingtuo.  Now residents are dealing with the mess they left behind.

from Techmeme http://bit.ly/2PzJUg0