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Posted inOn the Cusp

Mobike and Bluegogo double rates in Beijing in bid to stay afloat

by Jill Shen Apr 1, 2019Jun 8, 2020

Other bike-rental companies are considering raising prices, as warmer weather brings a likely rebound in trip numbers.

share bikes pile ofo mobike reduced
Posted inOn the Cusp

New rules for rental economy user deposits clarify legal gray area

by Jill Shen Mar 20, 2019Mar 17, 2020

The law comes as concern mounts about the financial stability of a number of mobility firms in the rental economy sector.

ofo
Posted inOn the Cusp

As bike rentals cool, ofo chooses to stand alone

by Emma Lee Jun 7, 2018Jun 7, 2020

China’s bike rental industry has experienced a roller coaster over the past 3 years. At its height, there were nearly 80 bike rental startups in the market, brightening the streets with a rainbow of bikes. But in the fast-paced tech world, trends come and go quickly. Within a year, over 20 bike startups failed, including […]

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