This is the first time for Mobike to pull out of a city because of antisocial behavior.
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Posted inHeavy Hitters
Didi raises $1 billion in push for 100 million daily trips
Didi is digging a wide yet deep competitive moat around the broader Chinese mobility market. Bike rentals will be a main driver of growth.
Posted inOn the Cusp
China’s bike rental sector recovering as workforce returns
China’s bike rental industry is rebounding after the Spring Festival holiday as riders see it as the safest transportation option during the outbreak.
Posted inOn the Cusp
Briefing: Meituan Dache partners with ride-hailing peers to expand its services
The partnerships help the company offer an expanded range of ride services to choose from for users in Beijing and Shanghai.
Posted inOn the Cusp
Briefing: China tech startups choosing homegrown software over Oracle and IBM
China has been looking to reduce its reliance on foreign technologies amide escalating trade tensions with the US.
Posted inOn the Cusp
Mobike offers deposit and fare-free rides in Hefei
Bike rental company Mobike has announced complimentary rides and deposit-free use of its bicycle network in Anhui province’s capital of Hefei, local media is reporting. Unlike other bike rental platforms, users would not need to use Sesame Credit to sign up or use the bikes without paying a deposit. Existing users in the city who have […]
Posted inOn the Cusp
Chinese firms should focus on capital efficiency: GGV Capital
GGV Managing Partner Jixun Foo discusses the return to a more rational investment approach in China.
Posted inOn the Cusp
Mobike promises no more bikes in saturated cities, share big data with the government
In its first major statement since being acquired by Meituan, bike rental giant Mobike is to stop adding new bikes to cities considered to be already saturated with bikes, will share its big data with the government for improved city planning, and put RMB100 million into improving its user credit system, the company announced at […]
Posted inOn the Cusp
As bike rentals cool, ofo chooses to stand alone
China’s bike rental industry has experienced a roller coaster over the past 3 years. At its height, there were nearly 80 bike rental startups in the market, brightening the streets with a rainbow of bikes. But in the fast-paced tech world, trends come and go quickly. Within a year, over 20 bike startups failed, including […]
Posted inOn the Cusp
INSIGHTS | Looking back after four years at TechNode
As Editor-in-Chief John Artman leaves TechNode after four years, he reflects on China’s tech scene and what the future holds.
