Hu’s resignation comes at a tumultuous time in China’s bike-rental industry.
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Briefing: Bike-rental firm Mobike to spin off European arm
As the bike-rental craze cools down, so do Chinese firms’ ambitious globalization plans.
Mobike suspected of GDPR violations in industry-wide German investigation
Berlin’s data protection commissioner is investigating car and bike-rental companies for violations of GDPR.
Mobike responds to claims of inflated numbers
A Bloomberg article found that Mobike operation details in the recent Meituan Dianpin filing were at odds with previously made public claims by the company.
New rules for rental economy user deposits clarify legal gray area
The law comes as concern mounts about the financial stability of a number of mobility firms in the rental economy sector.
Shanghai fines company RMB 100,000 for flyposting on Mobikes
Chinese businesses love to post ads where they shouldn’t be.
Briefing: Mobike doubles down on India as ofo departs
Mobike is considering 10 more Indian cities and manufacturing bikes in India.
Briefing: Mobike suspends operation in Manchester due to thefts and vandalism
This is the first time for Mobike to pull out of a city because of antisocial behavior.
Mobike executive has been accused of sexually harassing 3 women
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.
Briefing: Mobike begins replacing 40 thousand old bikes in Shenzhen
The company is doing so in compliance with recent government regulations that demand old bikes to be withdrawn before new ones can be introduced.