Girls in bikinis wash cars in Taiyuan, the capital of north China’s Shanxi province, in this July 2014 file photo. O2O service providers like Bopai that offer routine car-washing services have been dropping like flies in China since last year. Photo: SCMP Pictures

Where angels fear to tread: bankrupt Bopai the latest O2O venture in China to fall victim to hasty overexpansion

Online car-washing services provider was valued at US$600 million a year ago

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Girls in bikinis wash cars in Taiyuan, the capital of north China’s Shanxi province, in this July 2014 file photo. O2O service providers like Bopai that offer routine car-washing services have been dropping like flies in China since last year. Photo: SCMP Pictures
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