Mobike is considering 10 more Indian cities and manufacturing bikes in India.
The company says it holds over 50% market share in terms of numbers of orders.
Youon is one of the few Chinese bike rental companies still expanding overseas.
China’s transportation industry is experiencing a swift change of powers for both two-wheel and four-wheel mobility services
Germany has become the latest market from which Chinese bike-sharing firm ofo will make an exit. The company, which has been plagued by rumors of a cash crunch over the past few months, has adjusted its overseas operations in line with its plans to focus on priority markets. ofo has begun scaling back its international operations […]