This week John and Matt follow up with Florian Bohnert, Head of Global Partnerships about what Mobike has been up to since we last talked, including: How Mobike has expanded into global markets The challenges of globalizing from China Finding talent and educating users Differences in recreational vs commute use in different countries Whether Mobike […]
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Mobike rides the swell into Australia with surfboard racks and designated parking
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 […]
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Mobike lands in Washington D.C., their first US city
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 […]
Posted inTurf Wars
INSIGHTS | The bike rental boom is dead. Long live bike rental
The bike rental bubble popped a long time ago. Now, a new group of companies are taking a different approach to their predecessors.
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Mobike launches new, lighter stronger model
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 […]
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Mobike testing ride-hailing feature to challenge Didi & ofo tie-up
Chinese bike rental firm Mobike rolled out a ride-hailing feature in its latest app update through a partnership with car-summoning operator Shouqi Limousine & Chauffer (首汽租车). The new feature allows Mobike users to book the Shouqi’s car services within the bike rental app, and will actually be able to check the location of cars and routes […]
Posted inThe Numbers
Hello Inc becomes first Chinese bike rental firm to file for US IPO
Despite the positive news, the filing reveals that Hello Inc. still has a ways to go to reach maturity. The company has faced massive losses.
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Global bike rental is about to get even bigger: Cheetah Global report
Cheetah Global has come out with freshly-minted statistics on the state of the bike rental economy in the world. Public bicycles were first started in Europe but have seen their biggest success in the East starting from China’s dockless bike systems ofo and Mobike. According to the global distribution of active users gathered by Cheetah […]
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Mobike accelerates European expansion with second stop in Italy
Shortly after launching in UK last month, Chinese bike-sharing giant Mobike announced Tuesday that it’s pedaling its way to a second stop in Europe—Italy—in an extended competition with its arch-rival ofo for the global market. The firm said it would first launch several hundreds of Mobikes in Florence across selected high-demand areas with a promotion rate […]
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Ofo and Mobike aren’t doing so well in Singapore
China’s fast-expanding bike-sharing startups ofo and Mobike both expanded to Singapore earlier this year, but it turns out that the local bike rental operator oBike is winning the local game. Ofo officially launched its service in Singapore this February and saw a surge in the number of users, making it the fifth most downloaded app […]
