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When Bike Shares Fail, They Should Leave the Bikes Behind

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Just disable the locking mechanism and leave them.by Katie Herzogofo is out.VCG/GettyIn an email to customers, Chinese bike-sharing company ofo announced this week that they will be pulling out of the Seattle market on August 31st, and will be awarding refunds back to customers within 45 days of the official shut-down.
The company cited the new $250,000 annual bike share permit fee as the reason for their departure, but, as Geekwire notes, they've been shutting down operations in cities across t

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