Bike sharing companies revisit docking options to avoid clutter in Japan

Bike sharing companies revisit docking options to avoid clutter in Japan

A customer rides a BeijingMobikeTechnology Co. bicycle from a designated parking space outside a subway station in Shanghai, China, on Thursday, Sept. 12, 2017. Across Chinese cities, sidewalks are filling up with bicycles,costing a few U.S. cents an hour, that anyone with an app can unlock with a swipe of their phone. Photographer: Qilai Shen/Bloomberg

Bike sharing has a lot going for it. It’s mass transit that’s ultra-cheap, burns body fat instead of fossil fuels and is adored by venture capitalists. But the business model has hit a major snag: parking.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter