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Posted inHeavy Hitters

Mobike’s users in Beijing restricted to parking within operational areas

by Chris Udemans Jul 26, 2018Jun 7, 2020

China’s Mobike to restrict rider parking in Beijing as authorities tighten regulation on dockless bikes – SCMP What happened: Bike rental firm Mobike is prohibiting riders from parking outside of specified operational areas. The company has set a boundary that determines how far away from the city center users can park their bikes. If they park […]

Hello Bike
Posted inOn the Cusp

Briefing: HelloBike rebranded as “Hello TransTech”

by Nicole Jao Sep 17, 2018Jun 7, 2020

The company started registering a series of trademarks back in April.

Hello Bike
Posted inTurf Wars

Briefing: Hello TransTech going all in on ride-hailing through partnership with Didi rival

by Emma Lee Oct 22, 2018Jun 7, 2020

China’s transportation industry is experiencing a swift change of powers for both two-wheel and four-wheel mobility services

Posted inOn the Cusp

Briefing: Uber is coming back to China to make scooters

by Masha Borak Sep 28, 2018Jun 7, 2020

Uber has no plans to bring its bike rental scheme to China but it is considering other Asian countries.

Posted inHeavy Hitters

Ofo said to complete a new round of financing led by Didi and Ant Financial

by Runhua Zhao Sep 5, 2018Jun 8, 2020

The news of ofo’s E2-2 round comes amid rumors of acquisition by Didi Chuxing.

Posted inTurf Wars

Ofo’s “darkest hour” becomes gloomier as Didi acquisition rumors swirl again

by Emma Lee Jul 30, 2018Jun 7, 2020

Chinese ride-hailing giant Didi Chuxing is reportedly closing an acquisition deal of ofo, the last remaining major independent player in China’s bike-rental industry, local media reported citing people familiar with the matter. The source disclosed that Didi already sent due diligence team to ofo over the past two to three weeks. The two parties are […]

Posted inOn the Cusp

Ofo moves its Beijing headquarters in midst of cash crunch

by Bailey Hu Nov 5, 2018Jun 8, 2020

Ofo’s headquarters have shifted as it faces a reported cash crunch.

Posted inOn the Cusp

Ofo rumor mill continues as they battle whispers of bankruptcy

by Nicole Jao Nov 1, 2018Jun 8, 2020

The Chinese bike rental firm is reportedly preparing for its bankruptcy reorganization plans.

Didi
Posted inNews

Didi continues pivot into two wheeled mobility with beta test of electric bike rental

by Emma Lee Jan 11, 2018Jun 7, 2020

Chinese ride-hailing behemoth Didi is beta-testing its electric bike rental service in South China, a person with knowledge of the matter told TechNode. Didi is said to have won the initial support of at least three cities. The firm is expected to develop its own bike rental brand, or potentially a separate app, with an access […]

Posted inTurf Wars

After Australia, ofo exits Germany amid push into priority markets

by Chris Udemans Jul 18, 2018Jun 7, 2020

Germany has become the latest market from which Chinese bike-sharing firm ofo will make an exit. The company, which has been plagued by rumors of a cash crunch over the past few months, has adjusted its overseas operations in line with its plans to focus on priority markets. ofo has begun scaling back its international operations […]

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