Chinese bike share graveyard a monument to industry's 'arrogance'

[Taffin]

Some pretty amazing pics of this... and BB-related because I use a bike for cardio (once in a blue moon...)

"Future of dockless bicycles under a cloud amid concerns there are too many bikes and not enough demand

At first glance the photos vaguely resemble a painting. On closer inspection it might be a giant sculpture or some other art project. But in reality it is a mangled pile of bicycles covering an area roughly the size of a football pitch, and so high that cranes are need to reach the top; cast-offs from the boom and bust of China’s bike sharing industry.

Just two days after China’s number three bike sharing company went bankrupt, a photographer in the south-eastern city of Xiamen captured a bicycle graveyard where thousands have been laid to rest. The pile clearly contains thousands of bikes from each of the top three companies, Mobike, Ofo and the now-defunct Bluegogo."



https://www.theguardian.com/uk-news/2017/nov/25/chinas-bike-share-graveyard-a-monument-to-industrys-arrogance

[ratherbebig]

whats the story here

people dont want to use a bike?

[Palumboism]

Some pretty amazing pics of this... and BB-related because I use a bike for cardio (once in a blue moon...)

"Future of dockless bicycles under a cloud amid concerns there are too many bikes and not enough demand

At first glance the photos vaguely resemble a painting. On closer inspection it might be a giant sculpture or some other art project. But in reality it is a mangled pile of bicycles covering an area roughly the size of a football pitch, and so high that cranes are need to reach the top; cast-offs from the boom and bust of China’s bike sharing industry.

Just two days after China’s number three bike sharing company went bankrupt, a photographer in the south-eastern city of Xiamen captured a bicycle graveyard where thousands have been laid to rest. The pile clearly contains thousands of bikes from each of the top three companies, Mobike, Ofo and the now-defunct Bluegogo."



https://www.theguardian.com/uk-news/2017/nov/25/chinas-bike-share-graveyard-a-monument-to-industrys-arrogance

The people who founded these companies walked away with hundreds of millions if not billions.  Those who invested in them eventually lost everything. 

Be careful what you invest in.  Many companies that look legitimate and are publicly listed are scams.

[Simple Simon]

The people who founded these companies walked away with hundreds of millions if not billions.  Those who invested in them eventually lost everything. 

Be careful what you invest in.  Many companies that look legitimate and are publicly listed are scams.

[_bruce_]

Once all these bike queers find out about Harley Davidson the world's oil reserves won't recover.

[Board_SHERIF]

Disgusting GOOKS destroy and pollute everything they touch.

[Taffin]

whats the story here

people dont want to use a bike?

Not exactly.  It's just that hiring bikes for short journeys as required never really took a hold in that market, so they've ended up with a colossal surplus of perfectly good bicycles.... hope they can find a charitable use for them or something like that... just scrapping them seems ultra-wasteful... 

[chaos]

Once all these bike queers find out about Harley Davidson the world's oil reserves won't recover.

The Japs looove Harleys.

[Zillotch]

seriously... wtf is wrong with chinese people

[werewolf operative]

[Dan-O]

This one looks like a Van Gogh painting

[Taffin]

Now THAT is one dirty pool!  Yeuck!  *shudder*

[Parker]

The Japs looove Harleys.

I thought that they would be more into Triumphs.

[chaos]

I thought that they would be more into Triumphs.

Not sure about the triumph scene. I know 2 different guys that built Harleys from junk yard bikes that sold them to Japs that sent them back to Japan. They seem to prefer the bobber style.