Despite the rumors and speculation surrounding a possible merger between Mobile and ofo, Mobike co-founder and CEO Davis Wang has made it clear again at TheYearAhead Summit that a “merger is not an option for the company,” local media is reporting. Similarly, ofo founder and CEO Dai Wei also expressed previously that the company would not […]
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Mobike lands in Washington D.C., their first US city
Mobike, a major Chinese bike-rental company, has just placed their first batch of bikes in the capital of the United States as part of its ambitious global expansion plan. Closely following its largest rival ofo’s footprint, Mobike chose Washington D.C. as the first city in America to start running its business, whereas ofo just a month ago […]
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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 […]
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Mobike’s data strategy emerges on Baidu Maps
Mobike’s recently-announced data sharing strategy has just made a prominent appearance: Mobike – and Ofo – bikes are now visible and unlockable via the Baidu Maps app. The latest update of the app allows users to log in with their mobile numbers to hire bikes from the two main hire companies. The latest version of […]
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Exclusive: Bluegogo VP confirms leaving the company months ago, staff waiting for salary for months
Bluegogo is going bust. Staff from the bicycle rental company broke the news yesterday that the company is dissolving and salary payments will be delayed until February 10, 2018. TechNode’s Chinese sister site has confirmed that the salaries are indeed delayed and that the company is in a poor state (in Chinese). Even more shocking is that […]
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Mobike announces support for Apple Pay, iPhone iOS 11 camera to accelerate globalization drive
The bike rental war between Mobike and its rival ofo is still ongoing in China, with no end in sight. The pair has been waging an all-out war in terms of bike quantity and technology on and beyond their home turf. Now they set their sight on user experience. Mobike announced yesterday that it has […]
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[Updated] Mobike jumps on hongbao bandwagon with “Mobike, mo’ money”
Mobike announced yesterday (in Chinese) that their app will now include the option to ride for hongbao (红包 or “red envelopes” in English). Similar to Pokemon GO, users can “hunt” for Mobike red envelope bikes (摩拜红包车). After riding one of the “Bonus Bikes,” as the company calls them, for at least 10 minutes, users are then […]
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Three keys for Asian startups to go global
We are seeing Asian startups expanding globally. This year, most notably Chinese bike rental companies Mobike and Ofo have expanded to Asian, North Americna and European markets. Chinese smartphone manufacturers Huawei and Xiaomi have been also successful in expanding to Southeast Asia and India. So what are the keys for Asian startups to go global? […]
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Mobike teams up with China’s largest thin-film solar cell manufacturer
Bike-rental startup Mobike and China’s largest thin-film solar cell manufacturer Hanergy Holding Group (汉能) announced yesterday a strategic partnership that will see the latter’s thin-film solar panels integrated into the body of a Mobike bicycle so as to meet the electricity demand of its smart locks. The tie-up will give the bike-rental service a bigger […]
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[Podcast] China Tech Talk 03: Bike sharing business models – Mobike and ofo
John and Matthew go deeper on bike sharing and respond to some listener feedback. Questions they answer: How many bikes are on the streets? How many users do Mobike and ofo have? How much are these two companies worth? How do they generate revenue? What are some potential monetization strategies? How do Mobike and ofo […]
