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A row of Mobikes (now known as Meituan Bikes) sits along the pavement in Pudong, Shanghai on April 4, 2019. (Image Credit: TechNode/Eugene Tang)
Posted inHeavy Hitters

Chinese bike-rental company Mobike raises fares

by Emma Lee Nov 19, 2019Mar 17, 2020

The rate increase is part of parent company Meituan’s broader profitability push.

A row of Mobikes (now known as Meituan Bikes) sits along the pavement in Pudong, Shanghai on April 4, 2019. (Image Credit: TechNode/Eugene Tang)
Posted inHeavy Hitters

Briefing: Management buyout of Mobike Europe nearly finalized

by Bailey Hu Apr 11, 2019Jun 8, 2020

Mobike Europe branch is reportedly planning on branching out into e-bike and scooter rentals in the region.

Posted inHeavy Hitters

Briefing: Mobike, Hellobike are charging extra in Shanghai suburbs

by Bailey Hu Apr 28, 2019Jun 8, 2020

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.’

Mobike Australia helmet
Posted inHeavy Hitters

Mobike will scrap some but not all of its Asia-Pacific businesses

by Bailey Hu and Emma Lee Mar 11, 2019Jun 8, 2020

Meituan-owned Mobike also denied that layoffs in Asia are part of a larger exit strategy.

Posted inHeavy Hitters

Mobike removed from WeChat Pay, increasing barriers for users

by Jill Shen Jan 10, 2019Jun 8, 2020

Mobike was added to WeChat Pay’s interface as a third-party service.

Posted inHeavy Hitters

Failures and opportunities: A pivotal moment for China’s mobility industry

by John Artman Feb 22, 2019Jun 8, 2020

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.

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