What is the world to do with the graveyards of dockless bicycles left over after China’s bike sharing startups retreated from global markets?
One man has come up with the best idea to date: donate them to students who need them.
Entrepreneur Mike Than Tun Win has bought 10,000 bikes from bike-sharing companies which he plans to provide to school children across Myanmar, many of who walk miles to school and, more broadly, lack transportation for their families.
“It’s a common sight to see lines and lines of students walking long distances from home to school in rural villages,” Than explained. “Some students can walk up to one hour from home to school and the families can hardly afford a simple form of transport like bicycle or motorcycle… a school bus is almost unheard of to the students in rural villages.”
To bridge the gap, Than — whose companies … Read the rest