Beijing and Shanghai have given no indication of whether the bans will be lifted.
Mobike and Bluegogo double rates in Beijing in bid to stay afloat
Other bike-rental companies are considering raising prices, as warmer weather brings a likely rebound in trip numbers.
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.
Briefing: Ofo has 6 months to enforce deposit rules, 14 million await refunds
Bike companies have a longer time for implementation than previously announced.
Briefing: Bike-rental firm Mobike to spin off European arm
As the bike-rental craze cools down, so do Chinese firms’ ambitious globalization plans.
New rules for rental economy user deposits clarify legal gray area
The law comes as concern mounts about the financial stability of a number of mobility firms in the rental economy sector.
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.
Chinese city wants to regulate bike rental platforms with social credit system
Foshan will require Mobike, ofo, and other bike rental companies to hand over users blacklisted for bad parking.
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 […]
What do you think of Mobike and Ofo expanding to your country? We asked
Chinese bike rental companies Mobike and ofo expanded to more than 30 countries last year. While attending the SeedStars Summit 2018 in Lausane, Switzerland, we asked people from 5 different countries what they think about Chinese bike rental startups’ expansion into their home countries. Recent data from Cheetah shows that China’s active users of bike […]