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Ofo founder confirms bike-rental functions will come to Didi app

Editor’s note: A version of this post first appeared on Yicai Global, the English-language financial news service of Shanghai Media Group. Yicai Global is one of just two dedicated Chinese news feeds connected to the Bloomberg terminal. Ofo, one of China’s many bike-rental brands, will be incorporated into Didi Chuxing, the world’s largest ride-hailing platform, according […]

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Ofo bike-rental feature rumored to be added to Didi app in April

Ofo’s bicycle-rental feature is expected to be accessible to users within ride-hailing giant Didi Chuxing’s app in April, signaling the bike-rental startup’s another step in an escalating race with competitors for market supremacy, our sister site TechNode Chinese is reporting (in Chinese). Didi Chuxing declined to comment when contacted by TechNode. Ofo has not responded […]

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Apple CEO visits Chinese startups Ofo and Keep

In his recent visit to China’s capital, Apple CEO Tim Cook went to bike-rental company ofo’s offices on Tuesday, fueling speculation about whether the American technology giant may invest in the Chinese bike-rental startup, our sister site TechNode Chinese is reporting (in Chinese). Accompanied by ofo CEO Dai Wei, Cook visited the startup’s headquarters in Beijing […]

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Beijing drafts regulations mandating smart locks for bike-rentals in the city

The Beijing government is soliciting public opinion on draft guidelines aimed at reining in the disorderly expansion of the city’s bike-rental sector, local media is reporting (in Chinese). The draft guidance provides that rental bikes should meet national and industry standards, and requires rental bikes should be equipped with smart locks and the satellite positioning system. […]

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8 questions about Chinese tech we will see answered in 2017

In the tech industry, new innovations are constantly supplanting old ideas and seemingly stable companies can find themselves facing unexpected challenges. However, the trends we saw started in 2016 posed questions that have yet to be answered. Here are eight of them we think will be answered in 2017. 1. Can Alipay effectively deter the aggressive rise […]

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Ofo announces partnership with China’s GPS for smart locks

Ofo has announced a strategic partnership with BeiDou Navigation, a Chinese government-backed sattelite positioning system, that will see ofo bikes equipped with Beidou-enabled smart locks, our sister site TechNode Chinese is reporting. Under the agreement, ofo’s bikes furnished with the BeiDou-enabled smart lock will be first launched in Beijing, Tianjin and Hebei province. In addition, users […]