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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.’

Hello bike-rental bike sharing Mobike
Posted inHeavy Hitters

Ant Group-backed bike-rental app Hello Inc files for US IPO

by Emma Lee Mar 11, 2021Mar 11, 2021

Hello Inc’s filing shows that the sector’s few remaining players now seek sustainable growth after reckless expansion in earlier years.

Posted inHeavy Hitters

Didi raises $1 billion in push for 100 million daily trips

by Jill Shen Apr 20, 2020Apr 20, 2020

Didi is digging a wide yet deep competitive moat around the broader Chinese mobility market. Bike rentals will be a main driver of growth.

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