“Dockless bike shares have found a niche where they don’t have powerful enemies,”
Uber for bikes: how ‘dockless’ cycles flooded China – and are heading overseas, April 24, 2017 at 10:13AM
The only people who seem to be upset by the new share bikes, however, are illegal motorbike taxi drivers – who are missing out on business from metro stations late at night – and security guards, who don’t like mess on the pavement outside their buildings. There is friction, but the groups that are upset aren’t powerful enough. So the government doesn’t care.
Love this chart!
Loads of S-waves – both on a company, and aggregate level – indicating the many innovation cycles that the industry has gone through.
Also interesting to note is how, in most equilibrium states (when one company has come to dominate), the market structure is close to the rule of 3 – each competitor has half the market share of its previous bigger competitor.
Those are just two observations. There’s so much more that I love to recognise every time I see this chart. (Despite the annotations on the top).
Source: “Athletic Footwear Warfare: Surviving in an Oligopoly,” by Samsung Economic Research Institute, in Nike’s multi-billion-dollar empire is built on air by Quartz
Modi’s faith lies in the heavy hand of a strong state, rather than in the invisible hand of the markets.
Narendra Modi: The man who would purify India, January 11, 2017 at 04:56PM