The next step for bike-sharing companies is to manage their expansion wisely. Does China's urban transportation really need so many shared bicycles? Portugal Phone Number List In just over half a year, shared bicycles have rapidly covered major first-tier cities. Portugal Phone Number List With the support of capital, more third- and fourth-tier cities are becoming the target of Mobike ofo as the new round of production capacity and investment accelerates. According to public data, the number of bicycles in Beijing, Shanghai, Guangzhou, and Shenzhen is 200,000, 360,000, 200,000, and 320,000, respectively. Combined with the population,
the penetration rates of these four cities are 1.5%, 0.9%, 1.4% and 2.8%, respectively. According to Guo Jianrong, secretary general of the Portugal Phone Number List Shanghai Bicycle Industry Association, Shanghai can accommodate about 600,000 bicycles, and the urban population is about 24.2 million; in this way, the penetration rate of shared bicycles in Shanghai is Portugal Phone Number List about 2.5%. If we simply take 2.5% as the ideal penetration rate, it can be seen that Shenzhen is currently close to saturation among the above four cities. The reality may be even worse than this number. "The total number of shared bicycles in
Shenzhen has actually exceeded 360,000, and most of them are concentrated in Nanshan District. The excessive amount of shared bicycles has forced the Portugal Phone Number List government to take measures." Jia Jintao, general manager of Fanqi Luchang, told Tencent Portugal Phone Number List Technology. Fanqiluchang is the construction and operator of local public bicycles in Shenzhen. At the end of last month, Fanqiluchang was employed by the urban management of Nanshan District and collected nearly 10,000 shared bicycles in the whole district. Demand for shared bicycles in some first-tier cities Shared bike capacity in some second-tier cities