Mobike was added to WeChat Pay’s interface as a third-party service.
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Posted inHeavy Hitters
Super app Meituan promises prudence after Mobike bill hits home
Rising costs for Meituan’s core food delivery business drove fourth quarter losses.
Posted inOn the Cusp
Mobike to rebrand as Meituan Bike, fully integrate into Meituan’s app
The Chinese bike-rental firm will also become a distinct business group within the lifestyle services company.
Posted inHeavy Hitters
Mobike to weigh on profitability at Meituan until 2021: Report
Company’s best short-term strategy is to direct users to its profitable services such as travel.
Posted inOn the Cusp
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.
Posted inHeavy Hitters
Failures and opportunities: A pivotal moment for China’s mobility industry
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.
Posted inViews
Hello Transtech: Alibaba’s other, other unicorn
Hello Transtech, an Alibaba-backed mobility unicorn, is streets ahead of the bikesharing firms that have come before it.
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 inHeavy Hitters
Didi reprimanded for introducing new shared bikes in Beijing in red tape snafu
Didi’s struggles in the bike-rental market led to a launch of its own brand, Qingju.
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.
