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Posted inTurf Wars

Briefing: Bike-rental firm Mobike to spin off European arm

by Emma Lee Dec 12, 2018Jun 8, 2020

As the bike-rental craze cools down, so do Chinese firms’ ambitious globalization plans.

Posted inNews

Meituan-Dianping rumored to acquire Mobike for $3.7 billion

by Chris Udemans Apr 3, 2018Jun 7, 2020

Editor’s note: Rumors are rife in China, especially so in a hotly contested area like transportation and O2O services. This news is unconfirmed and the veracity of Mobike’s financial and operational situation as outlined is unclear. Update 10:02 04 Apr 2018: The purchase has been confirmed by multiple sources. Follow our coverage here. Rumors of […]

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.

Posted inNews

Global bike rental is about to get even bigger: Cheetah Global report

by Masha Borak Mar 8, 2018Jun 7, 2020

Cheetah Global has come out with freshly-minted statistics on the state of the bike rental economy in the world. Public bicycles were first started in Europe but have seen their biggest success in the East starting from China’s dockless bike systems ofo and Mobike. According to the global distribution of active users gathered by Cheetah […]

Posted inNews

ofo announces $866 million funding round led by Alibaba amid cash strain rumors

by Emma Lee Mar 13, 2018Jun 7, 2020

ofo raises $866 million in latest funding round led by Alibaba

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  • BYD supplies EV batteries to Tesla in Germany: report Aug 11, 2022
  • Ant Group said its new database surpasses MySQL in performance Aug 11, 2022
  • Oppo offers new alternative to Apple’s high-end smartwatches Aug 11, 2022
  • Nio on a hiring spree targeting smartphone experts: report Aug 11, 2022
  • TikTok e-commerce GMV hit $1 billion in first half of 2022: report Aug 11, 2022
  • OnePlus introduces Ace Pro with notable gaming optimization Aug 10, 2022

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  • Ant Group said its new database surpasses MySQL in performance
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