单车死结

End of the Road for Some Bike Sharing Companies

在狂飙突进、野蛮生长两年后,单车行业进入最复杂、最胶着的阶段。没有路标、没有标准答案,胜负未卜,结局难料音乐骤停,舞台灯光打在戴威身上。他左右踱步,面色微醺,用亢奋的语调吼出一段金庸《倚天屠龙记》里九阳真经的口诀。＂他强由他强,清风拂山岗;他横由他横,明月照大江。他自狠来他自恶,我自一口真气足。＂

If you were to use one phrase to describe the bicycle market of the past two years, it would be insane financing and savage investment. Altogether, the capital between Mobike and Ofo amounts to over USD 3.3 billion, and the two companies announced that they had put over 30 million bicycles on the streets in 2017. Since the second half of last year, scores of bicycle sharing companies have gone under,and photographs of mottled mountains of bicycles have startled onlookers.Not only that, but Tencent and Alibaba have gradually climbed their way to the top of this pyramid-like ecosystem's spire, with Pony Ma and Jack Ma exchanging words on bike sharing in a few instances. This has clued the outside world in on the ambitions of the big wigs behind the bicycles and the tensions between the two internet empires, Alibaba and Tencent.China Entrepreneur sat down for exclusive interviews with many investors and insiders in Ofo,Mobike and Didi to try to get closer to the eye of the storm and get to the bottom of how this unprecedentedly complex situation in venture capital circles came to be, as well as the helplessness, wisdom,pain, intertwining, struggles and ambitions of all parties involved in this process.