The bike rental bubble popped a long time ago. Now, a new group of companies are taking a different approach to their predecessors.
Search results
Posted inWith Chinese Characteristics
China Tech Talk 73: Mobility’s maturation and misery—One ofo doesn’t ruin everything
All of China’s most visible mobility players have undergone significant change over the last 12 months.
Posted inHeavy Hitters
Failures and opportunities: A pivotal moment for China’s mobility industry
Didi hopes new strategies will help it complete a U-turn that will get it out of the dead-end in which it finds itself.
Posted inHeavy Hitters
Didi raises $1 billion in push for 100 million daily trips
Didi is digging a wide yet deep competitive moat around the broader Chinese mobility market. Bike rentals will be a main driver of growth.
Posted inOn the Cusp
China’s bike rental sector recovering as workforce returns
China’s bike rental industry is rebounding after the Spring Festival holiday as riders see it as the safest transportation option during the outbreak.
Posted inNews
Meituan acquisition of Mobike seems a done deal
Last night (03 Apr 2018), Mobike shareholder meeting voted in favor of the Meituan acquisition, The Beijing News has reported (in Chinese). The Chinese group buying site Meituan agrees to acquire the bike rental company Mobike for 35% in equity and 65% in cash, of which $320 million will be used for future liquidity needs. Details […]
Posted inHeavy Hitters
Didi reprimanded for introducing new shared bikes in Beijing in red tape snafu
Didi’s struggles in the bike-rental market led to a launch of its own brand, Qingju.
Posted inHeavy Hitters
Typhoon Mangkhut pounds rental economy in southern China
Ride-hailing, bike rental, and food delivery services were all affected.
Posted inHeavy Hitters
Didi launches bike rental feature for blowing the whistle on ‘uncivilized’ users
So far, more than 1,000 user accounts have been frozen for periods of time ranging from five to 90 days.
Posted inNews
China Tech Talk 42: China’s mobility and transport market gets all mixed up
This week, John and Matt talk about recent developments in China’s mobility and the O2O market as Meituan acquires Mobike and joins others encroaching into Didi territory. Links Didi recruits food delivery riders in Wuxi to challenge Meituan Meituan acquisition of Mobike seems a done deal Fresh and driver-friendly: Meituan Dache’s first day in Shanghai […]
