The New York Post: Upstarts set to challenge local bike-sharing monopolies

Lars Klove/NYCBS
A Citi Bike member at a bike-share dock in New York.

Bikes, bikes — everywhere, bikes.

At least five rogue companies are muscling in on Citi Bike’s turf with service that eliminates the use of docking stations — and there are no laws on the books to regulate them, the New York Post has reportedly learned.

Spin, Noa, BlueGoGo, Mobike and Ofo each plan to dump thousands of bicycles on the Big Apple streets starting over the next few weeks in some of the busiest neighborhoods, source said.

The companies use GPS-equipped bikes with a mechanism that locks their back tires. They can be rented using an app, which then unlocks the two-wheeled rides.

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