Didi is digging a wide yet deep competitive moat around the broader Chinese mobility market. Bike rentals will be a main driver of growth.
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Posted inOn the Cusp
China’s bike rental sector recovering as workforce returns
China’s bike rental industry is rebounding after the Spring Festival holiday as riders see it as the safest transportation option during the outbreak.
Posted inNews
Meituan acquisition of Mobike seems a done deal
Last night (03 Apr 2018), Mobike shareholder meeting voted in favor of the Meituan acquisition, The Beijing News has reported (in Chinese). The Chinese group buying site Meituan agrees to acquire the bike rental company Mobike for 35% in equity and 65% in cash, of which $320 million will be used for future liquidity needs. Details […]
Posted inHeavy Hitters
Didi reprimanded for introducing new shared bikes in Beijing in red tape snafu
Didi’s struggles in the bike-rental market led to a launch of its own brand, Qingju.
Posted inHeavy Hitters
Typhoon Mangkhut pounds rental economy in southern China
Ride-hailing, bike rental, and food delivery services were all affected.
Posted inHeavy Hitters
Didi launches bike rental feature for blowing the whistle on ‘uncivilized’ users
So far, more than 1,000 user accounts have been frozen for periods of time ranging from five to 90 days.
Posted inHeavy Hitters
Briefing: Didi takes punitive measures against deviant shared bike riders
The rules went into effect on Wednesday on Didi’s bike-rental platforms Qingju and Bluegogo.
Posted inTurf Wars
Briefing: Hello TransTech going all in on ride-hailing through partnership with Didi rival
China’s transportation industry is experiencing a swift change of powers for both two-wheel and four-wheel mobility services
Posted inOn the Cusp
Briefing: Uber is coming back to China to make scooters
Uber has no plans to bring its bike rental scheme to China but it is considering other Asian countries.
Posted inTurf Wars
Some ofo users can’t unlock bikes from Didi app
Amid rumors of ofo’s acquisition by Didi Chuxing, users are encountering errors when attempting to rent the former’s bicycles through the ride-hailing giant’s app. According to the local media, an error is displayed within the app when scanning an ofo bicycle’s QR code. The message says that the problem has been partially repaired, but Didi cannot resolve […]
