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China’s third-largest bike sharing service, which raised $90M, is reportedly closing down
#HTE
Bike-sharing, the year’s hottest startup trend in China and beyond, looks like it is about to see the biggest casualty of its cut-throat competition. Bluegogo, which had raised $90 million from investors and operates around 700,000 bikes across China, seems headed for the deadpool after Technode, our Chinese partner site, reported that the company has lost a slew of top executives and is…
Read Morehttps://techcrunch.com/2017/11/16/bluegogo-is-reportedly-go-go-going-under/?ncid=rss
6 years ago