For small bike-sharing companies, the ban could mean they're unlikely to survive the cutthroat nature of the bike industry. Most are predicted to be driven out of business or taken over by bike-sharing giants like Mobike
and Ofo, while others are preparing to move onto third or fourth-tier cities as competition in major cities becomes too great.
For most of us, this ban is fairly unlikely to have any sizeable effect. 1.15 million bikes is still a helluva lot of bikes, meaning that you'll probably still be able to find the usual tangle of bikes on each corner. However for those of you still subscribed to some of the smaller bike companies, it might be time to hang up your helmet and get with Ofo or Mobike instead.