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.’
Other bike-rental companies are considering raising prices, as warmer weather brings a likely rebound in trip numbers.
Discarded bikes are languishing after the rental-bike boom went bust due to high retrieval costs.
The Chinese bike-rental firm will also become a distinct business group within the lifestyle services company.
This is the first time for Mobike to pull out of a city because of antisocial behavior.
In its first major statement since being acquired by Meituan, bike rental giant Mobike is to stop adding new bikes to cities considered to be already saturated with bikes, will share its big data with the government for improved city planning, and put RMB100 million into improving its user credit system, the company announced at […]