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.
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Posted inOn the Cusp
As bike rentals cool, ofo chooses to stand alone
China’s bike rental industry has experienced a roller coaster over the past 3 years. At its height, there were nearly 80 bike rental startups in the market, brightening the streets with a rainbow of bikes. But in the fast-paced tech world, trends come and go quickly. Within a year, over 20 bike startups failed, including […]
Posted inTurf Wars
INSIGHTS | The bike rental boom is dead. Long live bike rental
The bike rental bubble popped a long time ago. Now, a new group of companies are taking a different approach to their predecessors.
Posted inNews
Mobike vs ofo: The race for the world’s bike rental market
It is almost two years since Mobike co-founder Hu Weiwei put around 50 bicycles on the streets of Shanghai and drove away. Ofo had a similar beginning, spreading out shared bikes on Beijing’s university campuses. This is how China’s dockless bike rental economy was born—from moves that could easily be branded as crazy. Today, bikes […]
Posted inViews
Hello Transtech: Alibaba’s other, other unicorn
Hello Transtech, an Alibaba-backed mobility unicorn, is streets ahead of the bikesharing firms that have come before it.
Posted inOn the Cusp
Chinese firms should focus on capital efficiency: GGV Capital
GGV Managing Partner Jixun Foo discusses the return to a more rational investment approach in China.
Posted inNews
[Podcast] China Tech Talk 04: Exclusive interview with Florian Bohnert, Mobike’s Head of International Expansion
This week we switch up the format a bit to do our very first interview! Continuing our discussion of bike sharing, we invited Florian Bohnert, Head of International Expansion at Mobike, to talk about Mobike, bike sharing, and their plans inside and outside China. Questions How did you come to China/start working at Mobike? How […]
Posted inNews
“Anything can happen”: Ofo and Mobike investors talk about bike-rental war
On March 17, investors in both Ofo and Mobike took the stage at ChinaBang Awards 2017 to discuss the future of the bike-rental industry. Grace Gu, principal at Ofo-investor ZhenFund, and Xu Ying, Executive Partner of Mobike-investor Vertex Ventures talked about where they see the bike war heading. “We cannot say if there will be a merger between these […]
Posted inViews
Hello TransTech fuels Alibaba’s mobility ambitions
In the second part of a two-part series, we look at Hello TransTech’s role in Alibaba’s all-in-one lifestyle ambitions.
Posted inViews
CHINA VOICES | Ofo’s final fight
A moral in Ofo’s rise and fall: ‘It is dangerous to violate common sense.’
