The rate increase is part of parent company Meituan’s broader profitability push.
Mobike Europe branch is reportedly planning on branching out into e-bike and scooter rentals in the region.
Mobike has started to charge Shanghai users an extra RMB 20 (around $3) if they park a bike outside the company’s ‘area of operation.’
Hellobike’s new prices are more expensive than taking the bus in Beijing, which may be a blow to its business model.
Meituan-owned Mobike also denied that layoffs in Asia are part of a larger exit strategy.
Mobike was added to WeChat Pay’s interface as a third-party service.
Didi hopes new strategies will help it complete a U-turn that will get it out of the dead-end in which it finds itself.
Didi’s struggles in the bike-rental market led to a launch of its own brand, Qingju.
So far, more than 1,000 user accounts have been frozen for periods of time ranging from five to 90 days.
The rules went into effect on Wednesday on Didi’s bike-rental platforms Qingju and Bluegogo.