It is part of a global strategy to shrink the footprint. It will be shutting operations in a few countries, including Australia.
Chinese bicycle sharing giant Ofo launches service in seven Indian cities.
In India, many cities lack bicycle lanes and proper pavements. This, coupled with heavily congested roads, creates a danger to cyclists. Furthermore, the low costs of bicycles may make it more economical to buy than to rent.
Public bicycle-sharing systems are entering this untapped market.
A summary of Wednesday's matches in the UEFA Champions League.
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