That's not true, there were tons of Mobike and Ofo bikes there, both of which are very well funded and active corporations at the moment. There are some minor incorrect statements—Didi isn't just a bike-sharing company, but they're the Chinese equivalent of Uber, the largest ridesharing company in the world, and 2nd largest e-commerce company in China—but what the article does lack is context on how things got to this point.
