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A row of Mobikes (now known as Meituan Bikes) sits along the pavement in Pudong, Shanghai on April 4, 2019. (Image Credit: TechNode/Eugene Tang)
Posted inHeavy Hitters

Chinese bike-rental company Mobike raises fares

by Emma Lee Nov 19, 2019Mar 17, 2020

The rate increase is part of parent company Meituan’s broader profitability push.

Posted inHeavy Hitters

Briefing: Mobike, Hellobike are charging extra in Shanghai suburbs

by Bailey Hu Apr 28, 2019Jun 8, 2020

Mobike has started to charge Shanghai users an extra RMB 20 (around $3) if they park a bike outside the company’s ‘area of operation.’

Hello bike-rental bike sharing Mobike
Posted inHeavy Hitters

Briefing: Ant Financial’s Hellobike follows Mobike, Bluegogo in doubling Beijing rate

by Bailey Hu Jun 4, 2019Jul 16, 2019

Hellobike’s new prices are more expensive than taking the bus in Beijing, which may be a blow to its business model.

Posted inHeavy Hitters

Mobike removed from WeChat Pay, increasing barriers for users

by Jill Shen Jan 10, 2019Jun 8, 2020

Mobike was added to WeChat Pay’s interface as a third-party service.

Posted inHeavy Hitters

Mobike to weigh on profitability at Meituan until 2021: Report

by Emma Lee Mar 25, 2019Mar 17, 2020

Company’s best short-term strategy is to direct users to its profitable services such as travel.

Posted inHeavy Hitters

Super app Meituan promises prudence after Mobike bill hits home

by Dingzhang Yu and Colum Murphy Mar 12, 2019Jun 8, 2020

Rising costs for Meituan’s core food delivery business drove fourth quarter losses.

Posted inThe Numbers

Meituan pared losses in Q1 as cost controls gain traction

by Emma Lee May 24, 2019Jun 8, 2020

Meituan’s Q1 results show that its more disciplined expansion strategy is paying off.

Posted inHeavy Hitters

Meituan Dianping hires outside leadership to boost growth

by Emma Lee Dec 25, 2019Mar 16, 2020

Li Shubin will become head of the Meituan app division, a key position for driving growth for the parent company.

Posted inHeavy Hitters

Didi launches bike rental feature for blowing the whistle on ‘uncivilized’ users

by Nicole Jao Jan 31, 2019Jun 8, 2020

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

by Jill Shen Mar 21, 2019Jul 16, 2019

The rules went into effect on Wednesday on Didi’s bike-rental platforms Qingju and Bluegogo.

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