Images of Bike-Share Oversupply in China

This seems overblown. Half of the photos are from a single city (Xiamen).

And the reporting seems sloppy: "Bluegogo was recently acquired by Didi, another bike-share company"

Didi is primarily a shared car service similar to Uber. It operates under two brands in China: Didi and Uber.

No one in China would describe Didi as a 'bike-share company'.

I mean.... I'd mistake those photos for fractal images.

When heard mentality venture capitalism meets the manufacturing might of China (?)

How many have never been ridden...