Monday, January 23, 2017

CORRECTED-(OFFICIAL)-China start-up Mobike teams up with Foxconn as it plans surge in bike output

BEIJING, Jan 23 (Reuters) - China's Mobike said it has

joined hands with manufacturing giant Foxconn to

double the number of bikes it plans to make this year to 10

million, as the start-up seeks to become the dominant player in

the country's nascent bike-sharing market.

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