Posted inNews

Are China’s bike-sharing platforms really part of the sharing economy?

China’s O2O market has seen quite a few companies doing interesting things, some succeeding, some failing. The latest hot vertical is bike-sharing. According to the China’s bike sharing industry mini-report by China Channel, Mobike (backed by Tencent and Foxconn) and Ofo (backed by Didi and Xiaomi) are clear market leaders amongst growing competitors. Founded in January 2015, the […]

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Updated: Cracks appear in DiDi and ofo partnership sparking doubts over ofo’s $700 million funding round

Insiders from ofo have confirmed to local media that ofo’s executive chairman, Chief Financial Officer, and other senior executives went on a “vacation” in July this year. A rift between ride-hailing giant DiDi and bike rental mammoth ofo might be the reason behind the event, Bianews has reported. ofo has since published a statement denying […]

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Shanghai mulling bike-rental regulations

Shanghai is mulling rules to regulate the sizzling yet reckless development of the city’s bike-rental sector, local media is reporting (in Chinese). The new rules, expected to be introduced in May and come into effect in June or July this year, are the latest government efforts to deal with the growing problems emerging with the bike-rental […]

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Hacking blockchain, bike-rental and robotics at the TechCrunch Shenzhen Hackathon

Shenzhen’s rainstorms didn’t dampen the enthusiasm of students, designers and coders from all over the world participating in the 2017 TechCrunch Shenzhen hackathon, co-hosted by TechNode. In teams of 4 or 5, the participants took on challenges posed by sponsors Dianrong, Mobike, Meet Magento Association and Segway Robotics. Dianrong is China’s premier peer-to-peer lending platform […]