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share bikes pile ofo mobike reduced
Posted inWith Chinese Characteristics

Chinese city wants to regulate bike rental platforms with social credit system

by Masha Borak Oct 16, 2018Jun 7, 2020

Foshan will require Mobike, ofo, and other bike rental companies to hand over users blacklisted for bad parking.

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 […]

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  • Shein surpasses Amazon in downloads for the first time in the US Aug 8, 2022
  • TSMC breaks ground on new factory in Kaohsiung for 7nm and 28nm chips Aug 8, 2022
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  • Meet the Chinese carmakers racing to get a larger share of the global markets Aug 5, 2022

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