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Hong Kong bike-sharing market narrows to two competitors

Two bike-sharing companies, Locobike and Helloride, are competing for users in Hong Kong. The city's bike-sharing industry has seen significant ups and downs, shrinking from seven operators in 2017 to just two today. Locobike offers local support and recommendations, while Helloride provides discounts and free hours, appealing to different user preferences. AI

RANK_REASON This article discusses the competitive landscape and operational challenges of bike-sharing services, which are consumer-facing products.

Read on SCMP — Tech →

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Hong Kong bike-sharing market narrows to two competitors

COVERAGE [1]

  1. SCMP — Tech TIER_1 English(EN) · Eric Jiang ·

    2 bike-sharing apps vie for Hong Kong riders amid industry’s roller coaster development

    Over the past year, retired economist Thomas Yuen Wai-kee has used shared bikes operated by Locobike and Helloride a few times each month to go on leisure rides in Hong Kong. So far the 62-year-old, a former assistant economics professor with Hong Kong Shue Yan University, has en…