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Posted inNews

Ofo signs partnership with Huawei and China Telecom, finally becoming a technology company

Yesterday, Ofo has announced a partnership deal (in Chinese) with China Telecom (中国电信) and Huawei. The partnership will see China Telecom providing wireless data access, Huawei providing NB-IoT chips (PDF), and Ofo providing the bikes. The announcement emphasized a big pain point for the company: their technology. At this point, it’s fairly clear that Mobike and Ofo […]

Posted inNews

Gofun offers electric car rental for RMB 1 per hour

Editor’s note: A version of this post by Charles Liu first appeared on the Beijinger, a leading source of English-language lifestyle information on the city of Beijing. Beijing’s sharing economy has taken a huge step forward with the recent announcement that some 5,000 electric cars will be available to rent on a time-sharing basis in the city within two years. […]

Posted inNews

Are China’s bike-sharing platforms really part of the sharing economy?

China’s O2O market has seen quite a few companies doing interesting things, some succeeding, some failing. The latest hot vertical is bike-sharing. According to the China’s bike sharing industry mini-report by China Channel, Mobike (backed by Tencent and Foxconn) and Ofo (backed by Didi and Xiaomi) are clear market leaders amongst growing competitors. Founded in January 2015, the […]

Posted inNews

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 […]

Posted inNews

TechNode’s Top Sharing Economy Stories of 2016

The sharing economy is exploding in China. Worth about 299 billion USD in 2015, the market is expected to surge by 40 percent over the next five years, China’s National Information Center reported earlier this year. While the sharing economy is relatively a broad term referring to businesses that are based on peer-to-peer sharing of […]

Posted inNews

Ofo Wants to Connect Bikes, Not Make Them

A lot of people are curious about how Ofo and Mobike, China’s dominant bike-sharing platforms, are different. From a user perspective, they may not be so different, but from our previous post, we can see that Mobike is about creating a moving IoT platform. Ofo, on the other hand, emphasises user connection and the sharing economy. To […]

Posted inNews

Co-Working Is Booming in China, Here’s Why

China has witnessed a huge boom of co-working spaces in recent years with hundreds of thousands of operators emerging. However, co-working is not happening only in China, but developing along with global trends. At the Co-working China Forum, Claire Stephens, Head of Workplace Strategy at global real estate services firm JLL, shared insight on China’s […]

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