Last night (03 Apr 2018), Mobike shareholder meeting voted in favor of the Meituan acquisition, The Beijing News has reported (in Chinese). The Chinese group buying site Meituan agrees to acquire the bike rental company Mobike for 35% in equity and 65% in cash, of which $320 million will be used for future liquidity needs. Details […]
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China’s ride-hailing resurgence is just another step into the future of mobility
China’s ride-hailing industry has been facing turbulent times but it’s not just about overcoming Didi.
