In Shenzhen, China, people ride bicycles almost for free because bicycle sharing companies such as Ofo (yellow) and Mobike (orange) compete each other aggressively. Numerous brand new bicycles are poured on a daily basis.
Using bicycle sharing system is very convenient. I subscribed Mobike. There is no parking station. Instead, I use app to search for available bicycles. I scan its QR code to unlock or lock it up. When I finish trip, I park it almost anywhere I want. A truck probably collects bicycles at night. New bicycles stand at bus stops or subway stations in the morning.
Certainly, aggressive competition raises problems – some bicycles are broken, others are dirty, and the others are even dumped out in the woods (I do not know why).
However, the same competition solves a challenging problem that other bicycle friendly cities have not figured out yet: bicycle theft. Bicycles are for free in this city. No one is interested in owning or stealing bicycles. A sharing economy, when it truly comes true, could change how we think and act.