Meituan raises bike-sharing prices
Subscribe to keep reading.
Trivium Tech keeps you briefed on the latest developments in China tech policy.
Already a subscriber? Log in.
On Monday, Chinese media reported that Meituan Bicycle finally announced plans to raise their bike-sharing prices.
Background: When bike sharing hit the Chinese market in 2016, companies offered rock-bottom prices to attract customers.
The fierce competition led to a vicious price war that saw comp...