The rate increase is part of parent company Meituan’s broader profitability push.
Mobike Europe branch is reportedly planning on branching out into e-bike and scooter rentals in the region.
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.’
Meituan-owned Mobike also denied that layoffs in Asia are part of a larger exit strategy.
Mobike was added to WeChat Pay’s interface as a third-party service.
Hu’s resignation comes at a tumultuous time in China’s bike-rental industry.
The company is doing so in compliance with recent government regulations that demand old bikes to be withdrawn before new ones can be introduced.
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.