Spin is trying to bring Mobike-style bike sharing to the US. Bikeshare programs in the US have mostly consisted of kiosks, or stations, where users can unlock a bike, take it off the rack, use it and return it once their errand or joy ride is done. Some only allow subscribers others charge by the hour. Meanwhile in China, bikeshare programs have evolved from kiosk-based systems into something else entirely. Venture-backed companies in China like… Read More

Source: News