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.
The partnerships help the company offer an expanded range of ride services to choose from for users in Beijing and Shanghai.
The bike rental bubble popped a long time ago. Now, a new group of companies are taking a different approach to their predecessors.
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