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Posted inNews

China releases first national guidelines for bike rental industry

After several tragic deaths and countless headaches for municipal authorities caused by the bike rental boom, the first guidelines for regulating bike rental for the whole of China have officially been published (in Chinese). The “guiding opinions on encouraging and regulating the development of bicycle rental”  were signed by 20 state departments after the draft was […]

Posted inNews

US firm says ofo leading bike rental race in China

The public spat between Tencent’s CEO Pony Ma and GSR Ventures managing director Zhu Xiaohu over who is the most popular bike rental platform has added fuel to China’s already heated bike rental industry. The discussions between investment moguls make it difficult for onlookers to dig up into the correct figures in the burgeoning market. Even […]

Posted inNews

Report shows bike rentals and ride-hailing are solving China’s traffic problems

Despite their immense popularity, bike rentals in China are giving daily headaches to local governments for users’ illegal parking, vandalism, and traffic violations. But bike-rental is seeing some hope in fixing its battered reputation. A report co-published by Amap, Tsinghua University, Alibaba Cloud, ofo and other industry researchers shows that traffic congestion across the nation is in […]

Posted inNews

[Infographic] The differences between Mobike and Ofo

As the ride-hailing wars have disappeared, the latest war is bike-sharing (more like bike-rental), with Mobike and Ofo leading the pack. In case you weren’t sure how exactly they are different, WakeMeChat has made this handy infographic: Mobike’s technology seems to be a bit better, but how either company is actually making money is still a […]

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