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May 25, 2017 03:52 pm GMT

Spin raises $8 million as bike-sharing battle heats up in the US

Bike sharing has taken a turn in the U.S., following trends in China. The new mode is “dockless,” where companies distribute bikes around a city or campus to be rented per trip instead of dispensing them from one station. Thebikes are tracked via GPS, and can be located by users, paid for and unlocked using their smartphones. Best of all, whenever riders are done with one of… Read More

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