Chinese start-up mobike loses more than 200,000 bikes.

Chinese start-up Mobike has announced that it lost more than 200,000 bikes in 2019. The company said in a blog that 205,600 "dockless" bikes were lost to theft and vandalism.

In 2018, it pulled out of Manchester after a series of incidents. Shared dockless bikes, which are hired via an app, have become commonplace in cities worldwide over the last few years. Companies like Uber, Lime and Ofo...