The rate increase is part of parent company Meituan’s broader profitability push.
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.’
Beijing and Shanghai have given no indication of whether the bans will be lifted.
Hellobike’s new prices are more expensive than taking the bus in Beijing, which may be a blow to its business model.
Other bike-rental companies are considering raising prices, as warmer weather brings a likely rebound in trip numbers.
Discarded bikes are languishing after the rental-bike boom went bust due to high retrieval costs.
Chinese bike-rental firms, Mobike and Hello Transtech, expressed their willingness to enter the bidding.
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.
Didi’s struggles in the bike-rental market led to a launch of its own brand, Qingju.