The bike rental bubble popped a long time ago. Now, a new group of companies are taking a different approach to their predecessors.
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Posted inHeavy Hitters
Failures and opportunities: A pivotal moment for China’s mobility industry
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.
Posted inOn the Cusp
As bike rentals cool, ofo chooses to stand alone
China’s bike rental industry has experienced a roller coaster over the past 3 years. At its height, there were nearly 80 bike rental startups in the market, brightening the streets with a rainbow of bikes. But in the fast-paced tech world, trends come and go quickly. Within a year, over 20 bike startups failed, including […]
Posted inWith Chinese Characteristics
China Tech Talk 68: The year that tech became political — 2018 in review, part 1
Matt and John take a look at the stories and trends of 2018.
Posted inNews
Mobike vs ofo: The race for the world’s bike rental market
It is almost two years since Mobike co-founder Hu Weiwei put around 50 bicycles on the streets of Shanghai and drove away. Ofo had a similar beginning, spreading out shared bikes on Beijing’s university campuses. This is how China’s dockless bike rental economy was born—from moves that could easily be branded as crazy. Today, bikes […]
Posted inViews
CHINA VOICES | Ofo’s final fight
A moral in Ofo’s rise and fall: ‘It is dangerous to violate common sense.’
Posted inNews
4 take aways from 34 new Chinese unicorns in 2017: IT Juzi report
A “unicorn” refers to those companies less than 10 years old and valued at $1 billion or more. There were 34 Chinese new unicorn companies in 2017 that match these conditions, according to a new report released by Chinese startup database IT Juzi (IT桔子). In the first half of 2017, rental economy startups gained prominence […]
Posted inNews
Top 15 apps you need for living in China
Say goodbye to Facebook, Twitter, and Instagram and welcome your new favorite apps. Here is everything you will need to navigate your China life. 1. Communication: WeChat (微信) The app to rule them all, WeChat is the very definition of indispensable in China. This is where you will connect with your friends, communicate with your […]
Posted inNews
“Anything can happen”: Ofo and Mobike investors talk about bike-rental war
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 […]
Posted inEvents
Live from TechCrunch – How can a foreign hardware company enter China?
Shenzhen, the Silicon Valley in China, is becoming a must-destination for the foreign hardware startups to start their business. On the other hand, Chinese startups are starting from Shenzhen and expanding to global markets, such as educational robot kit Makeblock, drone maker DJI, and smartphone manufacturer Huawei. In the panel “Startup in Shenzhen”, Benjamin Joffe, Partner […]
