New analysis is suggesting the 'on-demand' bicycle phenomenon here in China shows no signs of slowing down.
It's expected companies such as Mobike and others could end up with some 50-million registered users before the year is out.
There were some 18-million 'on-demand' members at the end of last year.
At least 10 new bike-on-demand service providers have already entered market to try to grab a slice of the market.
For more on this, we're joined live by Einar Tangen, CRI's financial analyst.
