The rate increase is part of parent company Meituan’s broader profitability push.
Briefing: Management buyout of Mobike Europe nearly finalized
Mobike Europe branch is reportedly planning on branching out into e-bike and scooter rentals in the region.
Briefing: Mobike, Hellobike are charging extra in Shanghai suburbs
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.’
Briefing: Ant Financial’s Hellobike follows Mobike, Bluegogo in doubling Beijing rate
Hellobike’s new prices are more expensive than taking the bus in Beijing, which may be a blow to its business model.
Mobike will scrap some but not all of its Asia-Pacific businesses
Meituan-owned Mobike also denied that layoffs in Asia are part of a larger exit strategy.
Mobike removed from WeChat Pay, increasing barriers for users
Mobike was added to WeChat Pay’s interface as a third-party service.
Failures and opportunities: A pivotal moment for China’s mobility industry
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 reprimanded for introducing new shared bikes in Beijing in red tape snafu
Didi’s struggles in the bike-rental market led to a launch of its own brand, Qingju.
Didi launches bike rental feature for blowing the whistle on ‘uncivilized’ users
So far, more than 1,000 user accounts have been frozen for periods of time ranging from five to 90 days.
Briefing: Didi takes punitive measures against deviant shared bike riders
The rules went into effect on Wednesday on Didi’s bike-rental platforms Qingju and Bluegogo.