Home CHINA Shared wheels deflate due to cash flow problems

Shared wheels deflate due to cash flow problems

Shared wheels deflate due to cash flow problems
4
0

Chinese car-sharing companies, which allow consumers to rent vehicles for a short period, are facing cash-flow pressure as income trails the high cost of fleet operation and maintenance. Among them, Beijing-based Togo is facing a crisis amid consumer complaints about the company’s failure to return individual deposits of 1,500 yuan (US$218).

Read the full story at https://www.shine.cn/biz/auto/1812267258/

SOURCE: SHINE

(4)

tags:

LEAVE YOUR COMMENT

*AD SPACE*

Enquiries at EnterpriseTV.my@gmail.com