The rate increase is part of parent company Meituan’s broader profitability push.
Beijing and Shanghai have given no indication of whether the bans will be lifted.
Mobike was added to WeChat Pay’s interface as a third-party service.
The Chinese bike-rental firm will also become a distinct business group within the lifestyle services company.
Chinese bike-rental firms, Mobike and Hello Transtech, expressed their willingness to enter the bidding.
Discarded bikes are languishing after the rental-bike boom went bust due to high retrieval costs.