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Posted inNews

Mobike joins ofo in Singapore with official launch

Months after dropping a hint for taking its services to overseas market, China’s top bike-rental startup Mobike announced today the launch of its hugely popular bike-sharing service in Singapore, the first stop of Mobike’s global expansion. Mobike’s operation in Singapore features its typical scan-and-go service. Singapore residents can now ride a Mobike by downloading the […]

Posted inNews

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 […]

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

Ofo vs Mobike: Northern vs Southern China expansion models

Next time when you meet a Chinese person, ask where they are from. The geographical boundary between northern China and southern China is not precisely defined, but there are rough and approximate stereotypes on Northerners and Southerners’ height, language, and what they eat. At the annual ChinaBang Awards this year, Grace Gu, principal at ZhenFund (backer of ofo), […]

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