Posted inHeavy Hitters

Mobike does away with deposits in China

Meituan-owned bike rental firm Mobike has removed deposits for all users in China in an effort to standardize its deposit system. In May, the company began trialing deposit-free rides in Hefei, Hangzhou, Dongguan, and other cities.  The trial area was then extended to one hundred areas around the country, including second and third-tier cities. However, a […]

Posted inHeavy Hitters

Mobike removes last hold over user behavior as it trials deposit free in 100 cities

Mobike is extending deposit-free, credit-free bike rentals to a hundred cities. After launching the deposit-free system in Hefei, Hangzhou, Dongguan and other cities in May, it will now spread to a hundred areas–including second and third-tier cities–covering more than half its China cities. The first tier cities of Beijing, Shanghai, Guangzhou, and Shenzhen will not […]

Posted inHeavy Hitters

Ctrip, Hellobike, and Singulato: Pioneers in smart transportation at TechCrunch Hanghou

In recent years, the internet has become more and more integrated into finding transportation, leading to revolutionary new industries like online taxi-hailing, bike and car rental, and e-buses. At the same time, AI technology like smart traffic lights and autonomous vehicles continues to develop and reshape the transportation industry. At the upcoming TechCrunch International Innovation […]