HONG KONG -- Chinese online services provider Meituan Dianping apparently lost its appetite for bike-sharing despite the company's $2.7 billion takeover of Chinese startup Mobike last year.
Sharing Economy
Meituan Dianping backpedals on bike-sharing
Chinese company plans 'sale or abandonment' of some Mobike operations abroad
Mobike's shared bikes are parked around a car in Beijing, in April 2017. © Reuters
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