Mobike was added to WeChat Pay’s interface as a third-party service.
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Posted inHeavy Hitters
Super app Meituan promises prudence after Mobike bill hits home
Rising costs for Meituan’s core food delivery business drove fourth quarter losses.
Posted inOn the Cusp
Mobike to rebrand as Meituan Bike, fully integrate into Meituan’s app
The Chinese bike-rental firm will also become a distinct business group within the lifestyle services company.
Posted inHeavy Hitters
Mobike to weigh on profitability at Meituan until 2021: Report
Company’s best short-term strategy is to direct users to its profitable services such as travel.
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 inThe Numbers
Meituan pared losses in Q1 as cost controls gain traction
Meituan’s Q1 results show that its more disciplined expansion strategy is paying off.
Posted inHeavy Hitters
Meituan asks users to disinfect bikes for ‘contactless’ rides
Meituan Bike’s ‘no-contact’ hygienic biking plan: We bring the bikes. You bring the hygiene.
Posted inHeavy Hitters
Meituan is shuttering its cloud business
Chinese food delivery and services platform Meituan Dianping is shutting down its public cloud service in order to retain focus on its core businesses. Why it matters: Halting its cloud computing services is a major pullback in Meituan’s expansion into enterprise tech, a trend which has formed the basis of many recent moves by competitors including […]
Posted inNews
Meituan-Dianping rumored to acquire Mobike for $3.7 billion
Editor’s note: Rumors are rife in China, especially so in a hotly contested area like transportation and O2O services. This news is unconfirmed and the veracity of Mobike’s financial and operational situation as outlined is unclear. Update 10:02 04 Apr 2018: The purchase has been confirmed by multiple sources. Follow our coverage here. Rumors of […]
Posted inOn the Cusp
Mobike promises no more bikes in saturated cities, share big data with the government
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 […]
