[Podcast] China Tech Talk 03: Bike sharing business models – Mobike and ofo

John and Matthew go deeper on bike sharing and respond to some listener feedback.  Questions they answer: How many bikes are on the streets? How many users do Mobike and ofo have? How much are these two companies worth? How do they generate revenue? What are some potential monetization strategies? How do Mobike and ofo fit in with Tencent and Alibaba's broader…

[Podcast] China Tech Talk 1: An introduction to China’s bike sharing

Editor's note: We are very happy to announce the China Tech Talk podcast, a colloboration with ChinaChannel. Every week John and Matthew will discuss the latest trends and happenings in China's exciting technology ecosystem. At TechNode, we continue to explore new and interesting ways of creating content. Be on the lookout for more in the coming months! John and Matthew talk about bike sharing.…

WeChat Is Bike Sharing? “That Would Be Us”, Says 700 Bike

Whether or not you’ve been paying attention, bikes are back. In the material-deprived seventies in China, owning a bicycle was a clear wealth indicator, the equivalent of owning an apartment in Beijing today (okay, not THAT wealthy).  After being dubbed “the kingdom of bicycles”, the last two decades have for the most part been a demise of these two wheelers, but that trend is fast turning…

China Transportation Wars 2.0: Bike Sharing

The dust kicked up by ride sharing has settled, but the air is again charged with electricity. This time, it’s bike sharing, and companies are losing no time stocking up on ammo. The latest news is that Ofo, a dockless bike sharing company which started on campus, has completed a C round totaling 130 million USD. This number includes the earlier "tens of millions of USD" investment from Didi and…

Didi May Be Ready For Bike Sharing, But What About The Rest Of The Nation?

Didi-Uber, China’s newly minted transportation tycoon, has revealed intentions to append a bike sharing service to its hefty platform, as it pours tens of millions of U.S dollars in strategic investment into dockless smart bike company Ofo. The ride sharing company has no trouble divining a future where bike sharing becomes the latest installment on its platform, already laden with everything…

[Podcast] China Tech Weekly March 13 – First we had cars and bikes, now scooter sharing!

Editor's note: This originally appeared on China Tech Insights, an English research unit affiliated to Tencent's Online Media Group. Companies featured in this podcast include Xiaomi, Didi, Ofo, Lenovo, ZTE, Huawei, Alibaba, and social media companies Douban and Momo. Listen to the episode here or subscribe. Also in this episode: Xiaomi CEO says he will launch AI products within half a…

Are China’s bike-sharing platforms really part of the sharing economy?

China's O2O market has seen quite a few companies doing interesting things, some succeeding, some failing. The latest hot vertical is bike-sharing. According to the China’s bike sharing industry mini-report by China Channel, Mobike (backed by Tencent and Foxconn) and Ofo (backed by Didi and Xiaomi) are clear market leaders amongst growing competitors. Founded in January 2015, the orange Mobike…

Shanghai Bike-Sharing Battle: Ofo vs Mobike vs Xiaoming

Ready or not, China, once known as the bicycle kingdom, is in the midst of a cycling revival. While the car has rapidly displaced bikes, we now see more than a dozen startups flooding into the dockless bike-sharing arena. Investors have taken their sides in the stiffening battle, but a more pressing question is which startup provides a better experience? TechNode decided to test out some of the…

Singaporean Motorbike Ride-Sharing App Lompang is Testing the Waters in Myanmar and Cambodia

Lompang is a Singapore based app and service that lets people to hitch a ride on private scooters. The app was launched in December last year by Erfi Azhar and Aaron Fu. Ride-sharing services for cars have taken off in a big way in the last few years with Uber leading the pack. Last week, ride-sharing app Lyft raised $250 Million from Chinese e-commerce giant Alibaba, Coatue and Third Point…

Briefing: Management buyout of Mobike Europe nearly finalized

Bike-sharing start-up Mobike close to management buyout in Europe - The Telegraph What happened: Citing an email sent from Mobike to investors, The Telegraph reported that the company’s European arm is in the final stages of a management buyout from Meituan-Dianping, the bike-rental startup’s Chinese owner. Regional General Manager of Mobike Europe Paul Zhu and other senior executives are…