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Latest news and trends about tech in China

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ofo
Posted inOn the Cusp

As bike rentals cool, ofo chooses to stand alone

by Emma Lee Jun 7, 2018Jun 7, 2020

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 […]

bike rental ofo hellobike didi
Posted inTurf Wars

INSIGHTS | The bike rental boom is dead. Long live bike rental

by Chris Udemans Aug 24, 2020Aug 26, 2020

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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  • Xpeng’s first-quarter net loss widens, expects slow second-quarter revenue May 24, 2022
  • Tencent News changes leadership: report May 24, 2022
  • Didi’s shareholders vote in favor of US delisting May 24, 2022
  • Oppo launches Reno 8 phone series with a self-developed NPU May 24, 2022
  • Airbnb shuts domestic rental business in China: report May 24, 2022
  • Drive I/O | Shanghai automakers hit by lockdowns, China’s new push for driverless cars May 24, 2022

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