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Covid-19 impact on the Chinese bicycle industry

Like in many countries in the world, the COVID-19 pandemic has reshaped industries, business models, and habits. Thus, it has fueled the demand for bicycles in China and has also propelled exports all over the world. As a matter of fact, Chinese citizens wanted to avoid public transportations because of the virus, which contributed to the boom of bike-sharing for example. These bike-sharing companies are extremely profitable as they are using AI technologies in order to offer more tailored services. Thanks to AI, they can put bikes only where they are needed so as to reduce their overall number. It also means that it is easier for users to find a bicycle using geolocalisation.

Meituan-Bike


Post time: Sep-09-2021