As the bike-rental craze cools down, so do Chinese firms’ ambitious globalization plans.
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Posted inHeavy Hitters
Mobike responds to claims of inflated numbers
A Bloomberg article found that Mobike operation details in the recent Meituan Dianpin filing were at odds with previously made public claims by the company.
Posted inHeavy Hitters
Briefing: Mobike co-founder Hu Weiwei resigns as CEO
Hu’s resignation comes at a tumultuous time in China’s bike-rental industry.
Posted inTurf Wars
Briefing: Mobike doubles down on India as ofo departs
Mobike is considering 10 more Indian cities and manufacturing bikes in India.
Posted inUp and Comers
Mobike suspected of GDPR violations in industry-wide German investigation
Berlin’s data protection commissioner is investigating car and bike-rental companies for violations of GDPR.
Posted inOn the Cusp
Briefing: Mobike suspends operation in Manchester due to thefts and vandalism
This is the first time for Mobike to pull out of a city because of antisocial behavior.
