The startup will need to rethink its strategy if it wants 30 million rentable brollies in the streets of China by the end of the year.
Latest from Tas Bindi
Techstars has kicked off its Asia Pacific expansion, choosing Adelaide to launch its first startup accelerator in the region.
Apple Garageband competitor Soundtrap is set to accelerate its expansion into new markets with the closure of its $6 million Series A round.
Tasmania is set to have a greater presence in Australia's startup ecosystem with the official opening of innovation hubs in Hobart and Launceston.