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 […]
Search results
Posted inNews
6 of China’s bike rental companies have shuttered in the last 5 months
At least six bike rental companies in China has shuttered during the last five months. After Bluegogo and Coolqi, the latest to close shop was Xiaoming (小鸣) which followed a similar scenario. Staff is claiming that the company’s controller Deng Yonghao has misappropriated funds and is nowhere to be seen. The company’s CEO Kai Lushi […]
Posted inNews
Bike-rental firms confirm in-app balance refundable, but still not easy
Five bike-rental firms made it clear that users can get back their in-app balance, following their statement weeks ago that bike-rental deposits are secure and are totally refundable, local media is reporting. Bike-rental firms including Mobike, ofo, Bluegogo, and UniBike made the statement at a conference hosted in Beijing yesterday by the China Consumers Association […]
Posted inNews
Shenzhen bans more than 13,000 people from using bike-rental companies
A total of 13,615 people in the southern Chinese city of Shenzhen will be temporarily banned from using shared bikes due to traffic violations, according to media reports (in Chinese). This is the first batch of traffic offenders that will be punished according to the new rules on shared bicycle users’ behavior issued by the Shenzhen […]
