The Chinese bike-rental firm will also become a distinct business group within the lifestyle services company.
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Posted inOn the Cusp
Shanghai fines company RMB 100,000 for flyposting on Mobikes
Chinese businesses love to post ads where they shouldn’t be.
Posted inOn the Cusp
Briefing: Mobike suspends operation in Manchester due to thefts and vandalism
This is the first time for Mobike to pull out of a city because of antisocial behavior.
Posted inOn the Cusp
Briefing: Nonprofit buys abandoned rental bikes for school kids in Myanmar
Discarded bikes are languishing after the rental-bike boom went bust due to high retrieval costs.
