Other bike-rental companies are considering raising prices, as warmer weather brings a likely rebound in trip numbers.
Bike companies have a longer time for implementation than previously announced.
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.
The rules went into effect on Wednesday on Didi’s bike-rental platforms Qingju and Bluegogo.
While Ofo’s legal troubles pile up, millions of users are reportedly still waiting for their deposits.
Ofo’s headquarters have shifted as it faces a reported cash crunch.
Chinese ride-hailing behemoth Didi is beta-testing its electric bike rental service in South China, a person with knowledge of the matter told TechNode. Didi is said to have won the initial support of at least three cities. The firm is expected to develop its own bike rental brand, or potentially a separate app, with an access […]
Cash-strapped Ofo could try wheeling its business down another path.
A total of 13,615 people in the southern Chinese city of Shenzhen will be temporarily banned from using shared bikes due to traffic violations, according to media reports (in Chinese). This is the first batch of traffic offenders that will be punished according to the new rules on shared bicycle users’ behavior issued by the Shenzhen […]
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 […]