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.
Chinese bike rental companies Mobike and ofo expanded to more than 30 countries last year. While attending the SeedStars Summit 2018 in Lausane, Switzerland, we asked people from 5 different countries what they think about Chinese bike rental startups’ expansion into their home countries. Recent data from Cheetah shows that China’s active users of bike […]
Some of the fashionable shared bicycles we ride every day are not as save as we thought.
Mobike, China’s major bike rental company, announced today that it will roll out its first ride-hailing service in Guizhou, marking the firm’s official attempt to expand outside of the bike rental business. The first batch of the “shared” cars are all new energy vehicles and will be placed in Guian New Area and Guiyang City […]
Foshan will require Mobike, ofo, and other bike rental companies to hand over users blacklisted for bad parking.
China’s bike rental industry has experienced a roller coaster over the past 3 years. At its height, there were nearly 80 bike rental startups in the market, brightening the streets with a rainbow of bikes. But in the fast-paced tech world, trends come and go quickly. Within a year, over 20 bike startups failed, including […]
Despite the rumors and speculation surrounding a possible merger between Mobile and ofo, Mobike co-founder and CEO Davis Wang has made it clear again at TheYearAhead Summit that a “merger is not an option for the company,” local media is reporting. Similarly, ofo founder and CEO Dai Wei also expressed previously that the company would not […]
Mobike tries to catch up with China arch-rival ofo by announcing it will launch in Australia in January 2018. The company will put around 2,000 bikes onto the streets around Gold Coast, Queensland, but the bikes will have to be left in designated areas. The bikes have been designed for Australia with gears, a larger […]
Mobike, a major Chinese bike-rental company, has just placed their first batch of bikes in the capital of the United States as part of its ambitious global expansion plan. Closely following its largest rival ofo’s footprint, Mobike chose Washington D.C. as the first city in America to start running its business, whereas ofo just a month ago […]
Mobike, China’s major bike-rental company, today launched a new model of its smart bike called “New Lite.” It features a minimalist design, longer lifespan, and lighter weight. The all-new model comes with a stronger bike frame which is 50 percent stronger than European standards and weighs 15.5 kilograms, making it the lightest mainstream bike rental […]