Growing competition as bike rental business hits the street

Jul 21, 2010
By Lelde Benke

RIGA - Riga is rather prone to certain business booms. When someone comes up with a successful idea for a shop, cafe or service, it fast becomes a trend that, sadly, doesn’t always flourish for long. Take-away coffee shops, art cafes and eco stores are currently opening and closing faster than it takes to realize a new one has appeared on the market. With older bike rental services expanding, new ones springing up citywide and the Baltics first bike sharing system unveiled in June, is t ...

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