Mobike lands in Washington D.C., their first US city

Mobike, a major Chinese bike-rental company, has just placed their first batch of bikes in the capital of the United States as part of its ambitious global expansion plan.

Closely following its largest rival ofo’s footprint, Mobike chose Washington D.C. as the first city in America to start running its business, whereas ofo just a month ago launched services in Seattle (in the state of Washington) with 1,000 bicycles for rent at $1 per hour.

As local governments of major cities in China have halted more bike placements, it’s no secret that the two bike-rental companies from China both vie for market share overseas, following their success in the domestic market which has seemingly been saturated.

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