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Posted inNews

Mobike joins ofo in Singapore with official launch

Months after dropping a hint for taking its services to overseas market, China’s top bike-rental startup Mobike announced today the launch of its hugely popular bike-sharing service in Singapore, the first stop of Mobike’s global expansion. Mobike’s operation in Singapore features its typical scan-and-go service. Singapore residents can now ride a Mobike by downloading the […]

Posted inNews

[Infographic] The differences between Mobike and Ofo

As the ride-hailing wars have disappeared, the latest war is bike-sharing (more like bike-rental), with Mobike and Ofo leading the pack. In case you weren’t sure how exactly they are different, WakeMeChat has made this handy infographic: Mobike’s technology seems to be a bit better, but how either company is actually making money is still a […]

Posted inNews

China sees first bike-rental merger

China has just seen its first merger in the burgeoning bike-rental sector. Youon (永安行), the Changzhou-based bike-rental startup which went public in August, announced yesterday the merger of Hellobike, another bike-rental player in China. Youon posted a statement on its website, announcing its sister company Youon Ditan (永安行低碳科技) merging with Shanghai Jun Zheng Network Technology […]

Posted inNews

8 questions about Chinese tech we will see answered in 2017

In the tech industry, new innovations are constantly supplanting old ideas and seemingly stable companies can find themselves facing unexpected challenges. However, the trends we saw started in 2016 posed questions that have yet to be answered. Here are eight of them we think will be answered in 2017. 1. Can Alipay effectively deter the aggressive rise […]

Posted inNews

Chinese electric carmakers might not be ready, but the money is

In recent years, a raft of Chinese entrepreneurs have been going around pitching and fundraising for their electric vehicle startups, but consumers haven’t seen much of those promises materialize until recently. On October 12, XPeng Motors unveiled its first pre-production run of 15 electric cars in China’s east-central city of Zhengzhou, where XPeng’s OEM partner—local automaker Haima Automobile’s subsidiary—is located. This batch, […]

Posted inNews

Gofun offers electric car rental for RMB 1 per hour

Editor’s note: A version of this post by Charles Liu first appeared on the Beijinger, a leading source of English-language lifestyle information on the city of Beijing. Beijing’s sharing economy has taken a huge step forward with the recent announcement that some 5,000 electric cars will be available to rent on a time-sharing basis in the city within two years. […]

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