China is taking an innovative step to fight environmental pollution, as ride-sharing for bikes is now being introduced.

The country seeks to promote a healthier and environment-friendly way of commuting through the use of  bicycles.

With the current technological advancement, certain bicycles now feature codes that are ready for scnning, smartphone apps and GPS. These features are reportedly attracting attention of enlightened users and investors alike.

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The MoBike, a Shanghai-based venture, has the patronage from Chinese internet behemoth Tencent Holdings. The company closed $100 million worth of funding this month.

MoBike was established in 2015 and offers hi-tech looking bicycles with orange hued inner wheels. These feature airless tyres and fewer spokes to offer easy maintenance.

The bikes are operated through  a smartphone app used for unlocking them.

Apart from it, payment is also made through the app, while it allows GPS tracking for the purpose of finding vacant bikes nearby.

However, MoBike is not alone. Shanghai-based Ofo is another company offering similar services. The startup recently got $130 million worth of infusion from investors.

Meanwhile, Ofo was also launched in 2015 and now claims to have more than 300 employees on its roll. The startup is also believed to offer 500,000 rides daily.

China has long been a country of bicycles. It is worth noting, hough, that lately, the trend has been reversed. As in 2013, only 14 percent of the Beijing residents used bicycles. Throughout the country, the bike-use dipped by two to five percent annually from 1990 to 2010.

TagsDidi Chuxing, mobike, OFO