As the bike-rental craze cools down, so do Chinese firms’ ambitious globalization plans.
A Bloomberg article found that Mobike operation details in the recent Meituan Dianpin filing were at odds with previously made public claims by the company.
Chinese businesses love to post ads where they shouldn’t be.
Hu’s resignation comes at a tumultuous time in China’s bike-rental industry.
Mobike is considering 10 more Indian cities and manufacturing bikes in India.
Berlin’s data protection commissioner is investigating car and bike-rental companies for violations of GDPR.
This is the first time for Mobike to pull out of a city because of antisocial behavior.
A screenshot of a letter from a Mobike female engineer containing detail accounts of sexual harassment by her superior at the company surfaced on the internet.