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

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.

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.

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