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Bike sharing programs
Quiz by fadia Kadah
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Hello Chuxing, one of China’s top bike-sharing platforms backed by ecommerce giant Alibaba Group Holding, has applied to go public on the Nasdaq stock exchange. Launched in 2016, Hello Chuxing gained traction quickly as the first bikesharing operator to focus its business within China’s smaller cities and towns. It managed to survive China’s bike-sharing bubble between 2017 and 2018 when Ofo went into bankruptcy and Mobike was acquired by Meituan. The “survivor” had more than 10 million bicycles operating in over 400 Chinese cities as of December 2020. Hello Chuxing is developing its new business aggressively. In 2019, it took on sector leader Didi Chuxing with a new business Hello Dache that provides car-sharing and carpooling services. It has also been following industry giant Meituan into the life services field with new “intra-city logistics” and “bulk buying” services. The service, Hello Dache, features instant communication that enables passengers to keep in touch with drivers online once ride requests have been accepted. It also features a one-click button to call the police as part of efforts to boost safety. It is now looking into travel, with the aim of being a travel-based platform that provides daily life services, a person familiar with the matter said. “The market was too lavish when capital players and consumers were optimistic about the sector,” founder Yang Lei said back in 2019. “Firms would burn through cash subsidies to keep up with rivals and maintain a rapid pace of expansion. Hello Chuxing, however, has been careful to watch every penny and use money wisely while planning for the future,” he said.bikeBike SafetyBike Safety QuizBike duct, hepatocytes, Lobule, sinusoid, canaliculi, Kupffer cells , Bike Camp QuizBike lane scenarios (MC)A BIKE FOR DAN