Mobike

Mobike Rolls Out Electric Fences to Reinforce Shared-bike Parking Guidelines in Shanghai

Mobike Rolls Out Electric Fences to Reinforce Shared-bike Parking Guidelines in Shanghai

Mobike Technology, one of China’s two biggest bike-sharing operators, has rolled out electronic fences to prevent inappropriate parking of shared bikes in Shanghai.

Jun 20, 2018
Liao Shumin
Beijingers Miss Out on Deposit-Free Bike Sharing; Firms Don't Expect Revolt

Beijingers Miss Out on Deposit-Free Bike Sharing; Firms Don't Expect Revolt

China’s top bike sharers Mobike, Ofo and Hellobike have all recently adjusted their deposit-free riding policies, but left one city in the dark: Beijing.

Jun 15, 2018
Liao Shumin
Chinese Hackers See the Light, Scrap Plans to Sell Data on 10 Million AcFun Users

Chinese Hackers See the Light, Scrap Plans to Sell Data on 10 Million AcFun Users

Chinese Hackers See the Light, Scrap Plans to Sell Data on 10 Million AcFun Users

Jun 14, 2018
Liao Shumin
Mobike Rebuffs Rumors, Says Its Probe Finds No Hack, Data Leak

Mobike Rebuffs Rumors, Says Its Probe Finds No Hack, Data Leak

After data theft rumors emerged, Beijing Mobike Technology replied that the company cherishes its users’ security and privacy protection and…

Jun 14, 2018
Xu Wei
Ofo Denies Embezzling Around USD1.6 Billion in User Deposits

Ofo Denies Embezzling Around USD1.6 Billion in User Deposits

Beijing Bikelock Technology, the firm behind leading bike sharer Ofo, has denied misappropriating user funds worth over CNY10 billion (USD1.6 billion).

Jun 11, 2018
Liao Shumin
Mobike Adds 100 Cities to List of Deposit-Free Riding Zones

Mobike Adds 100 Cities to List of Deposit-Free Riding Zones

Beijing Mobike Technology, one of the world’s biggest cycle sharers, has unveiled plans to unconditionally offer deposit-free riding across 100 more Chinese cities.

Jun 11, 2018
Xu Wei
Mobike’s Car-Sharing Venture Gathers Pace; First Custom Autos Due in October

Mobike’s Car-Sharing Venture Gathers Pace; First Custom Autos Due in October

Mobike Technology Co., one of Chinas big two bicycle sharers, will receive the first batch of custom-made pure-electric cars from startup…

May 28, 2018
Dou Shicong
Ofo Doubles Number of Its Bikes in Singapore to Meet Demand While Scaling Back in China

Ofo Doubles Number of Its Bikes in Singapore to Meet Demand While Scaling Back in China

China’s major bike-sharing operator Beijing Bikelock Technology Co., better known as Ofo, has doubled the number of its bikes in…

May 18, 2018
Xu Wei
Chinese EV Startup NIO’s Founder Li Bin Joins Ride-Sharing Platform Dida Chuxing as Chairman

Chinese EV Startup NIO’s Founder Li Bin Joins Ride-Sharing Platform Dida Chuxing as Chairman

Chinese EV Startup NIO’s Founder Li Bin Joins Ride-Sharing Platform Dida Chuxing as Chairman. Li Bin, founder and chairman of…

Apr 25, 2018
Dou Shicong
Transport Ministry Blames Ride-Hailing Firms for “Cash-Burning” Price War

Transport Ministry Blames Ride-Hailing Firms for “Cash-Burning” Price War

China’s transport ministry has criticized ride-hailing firms such as Didi Chuxing and Meituan Dianping on their new marketing approach to…

Apr 24, 2018
Liao Shumin
Meituan Absorbs Mobike for USD2.7 Billion, Reportedly Beating Higher Bid From Didi

Meituan Absorbs Mobike for USD2.7 Billion, Reportedly Beating Higher Bid From Didi

The company behind China’s biggest on-demand services provider Meituan has acquired loss-making bike sharer Beijing Mobike Technology Co. for USD2.7 billion, beating out higher rival offers.

Apr 4, 2018
Liu Jia
Meituan’s Owner Declines to Comment on Rumored USD3.7 Billion Mobike Merger

Meituan’s Owner Declines to Comment on Rumored USD3.7 Billion Mobike Merger

Meituan’s Owner Declines to Comment on Rumored USD3.7 Billion Mobike Merger. Sankuai Online Technology Co., operator of Chinese food review and…

Apr 3, 2018
Xu Wei