Hu’s resignation comes at a tumultuous time in China’s bike-rental industry.
Chinese businesses love to post ads where they shouldn’t be.
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.
Chinese bike-rental firms, Mobike and Hello Transtech, expressed their willingness to enter the bidding.
Meituan-owned bike rental firm Mobike has removed deposits for all users in China in an effort to standardize its deposit system. In May, the company began trialing deposit-free rides in Hefei, Hangzhou, Dongguan, and other cities. The trial area was then extended to one hundred areas around the country, including second and third-tier cities. However, a […]
A screenshot of a letter from a Mobike female engineer containing detail accounts of sexual harassment by her superior at the company surfaced on the internet.
The law comes as concern mounts about the financial stability of a number of mobility firms in the rental economy sector.
Two repeat investors participated in DST’s latest fundraise, and well-known Qiming Ventures led its first funding rounds.