Bike sharing seems to have originated in China.
And it has spread to the UK.
And at least a decade on it continues to spread into the provinces.
So it has longevity.
So what are the economics of this industry?
At first glance it would appear to be a horrible model: lots of liability, lots of maintenance, lots of criminality and endless opportunity for annoyance through dumped bikes causing inconvenience.
So what is the economic model of bike sharing?