Statistics from the Cheetah big data shows that ofo and Mobike still occupy the majority of the bicycle rental market in the third quarter of 2017, Chinese media Lanjing TMT is reporting. As the weather turns colder, bike-sharing apps may witness usage decline compared to the second or third quarter as many people do not ride bikes in the cold days. This might lead more bicycle companies to consider merging with other companies under “Unite to overcome difficulties (抱团取暖)” strategy just like the case of Hellobike and Youon bike merger.

Cheetah’s shows that ofo and Mobike’s weekly active penetration rate were 0.9419%, 0.8742%, repsectively, taking the first and second place. However, users open Mobike app more than ofo. Comparing the weekly app openings per capita, Mobike users opened the app 30.9 times, while ofo users opened the app 28.4 times.

While third place saw other bike rental players go back and forth, ofo and Mobike stayed firm in market dominance. The second place and the third place leaves a huge gap of weekly active penetration rate. Hellobike and Youon bike showed weekly active penetration rate of 0.0748%, and 0.0283%, listing the third, and fifth, respectively.

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

Eva Yoo

Eva Yoo is Shanghai-based tech writer. Reach her at evayoo@technode.com