China’s booming bike-sharing business has been disrupting the country’s traditional bike industry landscape, while also being acclaimed by city travelers for playing its part in cracking the hard nut of the last kilometer of their journey.

After receiving multi-billion RMB investments from 30-some institutional investors, major bike-sharing services Mobike, Ofo, and their competitors have been embarking on a manufacturing land grab, reaching out to medium and large-sized bicycle makers. They hope this will give them an edge in terms of production capacity, quality and design, for closer cooperation.

In the race for market share, bike-rental startups are pinning their hopes on putting into use more and more bicycles. Ofo has been expanding their cooperation with bicycle manufacturers such as Flying Pigeon, Phoenix-Bicycle, and Fuji-ta Bicycle, while its arch rival Mobike’s recent partnership with Foxconn is supposed to double the number of bicycles it plans to make this year to 10 million.

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

What you get

Full access to all premium content and our full archives

Members'-only newsletters

Preferential access and discounts to all TechNode events

Direct access to the TechNode newsroom

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

Sheila Yu

Sheila Yu is a Shanghai-based technology writer. She brings readers the biggest news from Chinese language tech media. Reach her at sheila@technode.com.