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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 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 […]

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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 […]

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China’s bike rental consolidation begins with reported Mobike acquisition of Unibike

Tencent Tech (in Chinese) is reporting that China’s top bike rental startup Mobike has recently completed the acquisition of smaller player Unibike, citing people familiar with the matter. The source didn’t specify the sum for this acquisition but pointed out that Mobike is also an investor in their RMB 100 million (around US$ 14.6 million) Series A. “The […]

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Mobike’s data strategy emerges on Baidu Maps

Mobike’s recently-announced data sharing strategy has just made a prominent appearance: Mobike – and Ofo – bikes are now visible and unlockable via the Baidu Maps app. The latest update of the app allows users to log in with their mobile numbers to hire bikes from the two main hire companies. The latest version of […]