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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 […]

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Shanghai just says “No” to more dockless bikes

Shanghai transportation authorities jointly announced on August 18 that no more new bikes should be placed in the city, taking a firmer stand in its moves to crack down on bike rental services, our sister site TechNode Chinese is reporting. “Upon the announcement of this regulation, all bike-rental companies should place a halt on introducing any […]

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Ofo teams up with largest bicycle producer Fushida

The race is still on in China’s bike-rental sector. Bike-rental startup ofo and the world’s largest bicycle producer Fushida recently entered into a strategic partnership that will see the latter manufacture 10 million bicycles for ofo every year, local media is reporting (in Chinese). Fushida chairman Xin Jiansheng expected the company’s annual production capacity to top 20 […]

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Three keys for Asian startups to go global

We are seeing Asian startups expanding globally. This year, most notably Chinese bike rental companies Mobike and Ofo have expanded to Asian, North Americna and European markets. Chinese smartphone manufacturers Huawei and Xiaomi have been also successful in expanding to Southeast Asia and India. So what are the keys for Asian startups to go global? […]

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Bike-rental firms confirm in-app balance refundable, but still not easy

Five bike-rental firms made it clear that users can get back their in-app balance, following their statement weeks ago that bike-rental deposits are secure and are totally refundable, local media is reporting. Bike-rental firms including Mobike, ofo, Bluegogo, and UniBike made the statement at a conference hosted in Beijing yesterday by the China Consumers Association […]