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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He Huifeng

He Huifeng

He Huifeng is an award-winning journalist and has been focusing on mainland news reporting since 2001 for several overseas media. She has gained an in-depth knowledge of political, economic and social issues on the mainland through years of close observation, which has given her a love for journalism in the field.