Mobike Europe branch is reportedly planning on branching out into e-bike and scooter rentals in the region.
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.’
Meituan-owned Mobike also denied that layoffs in Asia are part of a larger exit strategy.
Mobike was added to WeChat Pay’s interface as a third-party service.
The Chinese bike-rental firm will also become a distinct business group within the lifestyle services company.
Other bike-rental companies are considering raising prices, as warmer weather brings a likely rebound in trip numbers.
Rising costs for Meituan’s core food delivery business drove fourth quarter losses.
Chinese bike-rental firms, Mobike and Hello Transtech, expressed their willingness to enter the bidding.
All of China’s most visible mobility players have undergone significant change over the last 12 months.
Bike companies have a longer time for implementation than previously announced.