As the bike-rental craze cools down, so do Chinese firms’ ambitious globalization plans.
Mobike is considering 10 more Indian cities and manufacturing bikes in India.
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 […]
The bike rental bubble popped a long time ago. Now, a new group of companies are taking a different approach to their predecessors.
The partnerships help the company offer an expanded range of ride services to choose from for users in Beijing and Shanghai.
China has been looking to reduce its reliance on foreign technologies amide escalating trade tensions with the US.
Hello Transtech, an Alibaba-backed mobility unicorn, is streets ahead of the bikesharing firms that have come before it.
Youon is one of the few Chinese bike rental companies still expanding overseas.
The company says it holds over 50% market share in terms of numbers of orders.
China’s transportation industry is experiencing a swift change of powers for both two-wheel and four-wheel mobility services