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A Mobike dockless bikeshare bicycle is shown in this July 26, 2018, photo parked outside the Wilson Building in Washington, D.C. Mobike and rival company Ofo announced they were withdrawing their services from the District, blaming the city's regulatory restrictions. (Julia Airey/The Washington Times)

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In this Wednesday, March 29, 2017 photo, a commuter uses a bike-sharing app to unlock a bicycle from bike-sharing company Mobike in Beijing, China. As many as 2.2 million of these two-wheelers have been deployed, which are available for rent for as little as U.S. 7 cents for half an hour, in the latest symbol of heavy spending in China's internet sector where startups are in a race to attract more users to their services. (AP Photo/Andy Wong)

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In this Tuesday, March 21, 2017 photo, women ride bicycles from bike-sharing company Mobike past an advertisement promoting the service on a street in Beijing, China. As many as 2.2 million of these two-wheelers have been deployed, which are available for rent for as little as U.S. 7 cents for half an hour, in the latest symbol of heavy spending in China's internet sector where startups are in a race to attract more users to their services. (AP Photo/Andy Wong)

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In this Tuesday, March 21, 2017 photo, commuters ride bicycles from bike-sharing companies Ofo and Mobike past a traffic light junction during the morning rush hour in Beijing, China. As many as 2.2 million of these two-wheelers have been deployed, which are available for rent for as little as U.S. 7 cents for half an hour, in the latest symbol of heavy spending in China's internet sector where startups are in a race to attract more users to their services. (AP Photo/Andy Wong)

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In this Tuesday, March 21, 2017 photo, a man rides a bicycle from bike-sharing company Ofo past bicycles from competitors like Mobike and Bluegogo parked side-by side along a road in Beijing, China. As many as 2.2 million of these two-wheelers have been deployed, which are available for rent for as little as U.S. 7 cents for half an hour, in the latest symbol of heavy spending in China's internet sector where startups are in a race to attract more users to their services. (AP Photo/Andy Wong)

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china_bike_sharing_36147.jpg

In this Wednesday, March 22, 2017 photo, people ride bicycles of bike-sharing companies Ofo, left, and Mobike, right, past a corner tower of the Forbidden City in Beijing, China. As many as 2.2 million of these two-wheelers have been deployed, which are available for rent for as little as U.S. 7 cents for half an hour, in the latest symbol of heavy spending in China's internet sector where startups are in a race to attract more users to their services. (AP Photo/Andy Wong)

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In this Thursday, March 23, 2017 photo, residents ride bicycles from bike-sharing company Ofo try to pedal through a sidewalk crowded with bicycles from the bike-sharing companies Ofo, Mobike and Bluegogo, near a bus stand in Beijing, China. As many as 2.2 million of these two-wheelers have been deployed, which are available for rent for as little as U.S. 7 cents for half an hour, in the latest symbol of heavy spending in China's internet sector where startups are in a race to attract more users to their services. (AP Photo/Andy Wong)