(Yicai Global) June 20 -- Mobike Technology, one of China's two biggest bike-sharing operators, has rolled out electronic fences to prevent inappropriate parking of shared bikes in Shanghai.
The new practice covers all areas in downtown Shanghai including People's Square and Lujiazui in Pudong New Area, online news outlet The Paper reported. It is designed to reinforce parking guidelines.
Users will know where to put the bikes through the company's mobile app which will show prohibited and designated areas. Users who park outside the designated parking zones will not be able to end the ride, accumulating owed payments. They will be guided through app where to park them properly.
The parking behavior of users will affect their status on the company's credit score system. Through Mobike's big data platform, Magic Cube, Mobike Score records a series of statistics including users' payment history, real-name authentication and riding data.
Parking has been a problem for shared-bike operators as it has often been the source of complaint for residents and local government authorities.
Mobike's rival, Beijing Baike Luoke Technology, better known as Ofo, is also trialing electronic fence in shared-bike parking. It unveiled pilot electric fence projects in Shanghai's Yangpu district, Pudong New Area and Xuhui district.
Editor: Mevlut Katik