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Posted inHeavy Hitters

Briefing: Mobike, Hellobike are charging extra in Shanghai suburbs

by Bailey Hu Apr 28, 2019Jun 8, 2020

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.’

Posted inOn the Cusp

Mobike and Bluegogo double rates in Beijing in bid to stay afloat

by Jill Shen Apr 1, 2019Jun 8, 2020

Other bike-rental companies are considering raising prices, as warmer weather brings a likely rebound in trip numbers.

Posted inOn the Cusp

Mobike to rebrand as Meituan Bike, fully integrate into Meituan’s app

by Jill Shen Jan 23, 2019Jun 8, 2020

The Chinese bike-rental firm will also become a distinct business group within the lifestyle services company.

Posted inOn the Cusp

Briefing: Mobike suspends operation in Manchester due to thefts and vandalism

by Emma Lee Sep 7, 2018Jun 7, 2020

This is the first time for Mobike to pull out of a city because of antisocial behavior.

mobike ofo bike-rental china
Posted inOn the Cusp

Briefing: Nonprofit buys abandoned rental bikes for school kids in Myanmar

by Emma Lee Jun 28, 2019Jul 16, 2019

Discarded bikes are languishing after the rental-bike boom went bust due to high retrieval costs.

Posted inOn the Cusp

Mobike promises no more bikes in saturated cities, share big data with the government

by Frank Hersey Apr 23, 2018Jun 7, 2020

In its first major statement since being acquired by Meituan, bike rental giant Mobike is to stop adding new bikes to cities considered to be already saturated with bikes, will share its big data with the government for improved city planning, and put RMB100 million into improving its user credit system, the company announced at […]

Hello bike-rental bike sharing Mobike
Posted inHeavy Hitters

Ant Group-backed bike-rental app Hello Inc files for US IPO

by Emma Lee Mar 11, 2021Mar 11, 2021

Hello Inc’s filing shows that the sector’s few remaining players now seek sustainable growth after reckless expansion in earlier years.

Posted inHeavy Hitters

Didi raises $1 billion in push for 100 million daily trips

by Jill Shen Apr 20, 2020Apr 20, 2020

Didi is digging a wide yet deep competitive moat around the broader Chinese mobility market. Bike rentals will be a main driver of growth.

Posted inOn the Cusp

China’s bike rental sector recovering as workforce returns

by Emma Lee Feb 24, 2020Mar 17, 2020

China’s bike rental industry is rebounding after the Spring Festival holiday as riders see it as the safest transportation option during the outbreak.

Hello Bike
Posted inOn the Cusp

Briefing: HelloBike rebranded as “Hello TransTech”

by Nicole Jao Sep 17, 2018Jun 7, 2020

The company started registering a series of trademarks back in April.

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