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.
Despite the positive news, the filing reveals that Hello Inc. still has a ways to go to reach maturity. The company has faced massive losses.
Hu’s resignation comes at a tumultuous time in China’s bike-rental industry.
The bike rental bubble popped a long time ago. Now, a new group of companies are taking a different approach to their predecessors.
Berlin’s data protection commissioner is investigating car and bike-rental companies for violations of GDPR.
Mobike is considering 10 more Indian cities and manufacturing bikes in India.
This is the first time for Mobike to pull out of a city because of antisocial behavior.
Didi hopes new strategies will help it complete a U-turn that will get it out of the dead-end in which it finds itself.