Mobike

Mobike Sues Didi-Backed Qingju Bike for Patent Violations, Claims USD1.2 Million

Mobike Sues Didi-Backed Qingju Bike for Patent Violations, Claims USD1.2 Million

Mobike Sues Didi-Backed Qingju Bike for Patent Violations, Claims USD1.2 Million

Oct 9, 2018
Xu Wei
Mobike’s Heavy April Loss May Have Been Due to Seasonal Factors, Former Shareholder Says

Mobike’s Heavy April Loss May Have Been Due to Seasonal Factors, Former Shareholder Says

Mobike Technology ran up a loss of almost CNY500 million (USD73 million) in April, though the result may not have…

Sep 11, 2018
Li Jun & Xu Minhua
Mobike Fines Parking Scofflaws USD0.75 in Shanghai, Sets Up No Parking Zones

Mobike Fines Parking Scofflaws USD0.75 in Shanghai, Sets Up No Parking Zones

Beijing Mobike Technology recently upgraded some of its no-parking zones in Shanghai, replacing them with electronically-fenced enclosures that automatically impose…

Sep 6, 2018
Liao Shumin
China's Meituan-Dianping to Shoot for the Stars With USD55.7 Billion IPO Valuation Plan

China's Meituan-Dianping to Shoot for the Stars With USD55.7 Billion IPO Valuation Plan

China's online startup Meituan-Dianping, which owns the country's biggest bicycle-sharer Mobike, is aiming to beat smartphone maker Xiaomi in valuation…

Sep 4, 2018
Liao Shumin
[Editorial] China’s Sharing Economy Needs Sound Regulation

[Editorial] China’s Sharing Economy Needs Sound Regulation

Didi Chuxing’s latest homicide case has raised questions about the moral foundations of companies in the sharing economy. China and…

Aug 30, 2018
Yicai Global
Shenzhen Says 'No' to Shared Bike Chaos, Orders Hellobike to Remove Illegal Fleet

Shenzhen Says 'No' to Shared Bike Chaos, Orders Hellobike to Remove Illegal Fleet

Southern China's metropolis Shenzhen has woken up to the sight of hordes of out-of-whack shared bicycles blocking the streets,…

Aug 22, 2018
Liao Shumin
Ofo Retreats From Yet Another Foreign Country as South Korean Operations Skid to Halt

Ofo Retreats From Yet Another Foreign Country as South Korean Operations Skid to Halt

Ofo, the world’s biggest independent bike-sharing provider, has withdrawn from yet another overseas market as it pins its hopes on success in its home country, China.

Aug 10, 2018
Xu Wei
Ofo Ramps Up China Price War With Cash Bonuses

Ofo Ramps Up China Price War With Cash Bonuses

Ofo is doubling down on efforts to boost user numbers in the bike-sharer’s home market of China by bringing in cash bonuses.

Aug 8, 2018
Liu Jing & Liao Shumin
Mobike to Recycle 100,000 Bicycles in Shanghai

Mobike to Recycle 100,000 Bicycles in Shanghai

Mobike Technology, one of the world’s biggest cycle sharers, has unveiled plans to recycle at least 100,000 of its used two-wheelers in Shanghai in compliance with government regulations.

Jul 12, 2018
Xu Zuwei & Liao Shumin
Ofo Unveils New Push in Lucrative Overseas Markets

Ofo Unveils New Push in Lucrative Overseas Markets

Ofo Will Focus on Three Overseas Markets; Mobike to Reign Over the Home Turf. Ofo, one of China's two biggest…

Jul 6, 2018
Xu Wei
Mobike Ends Bike-Share Deposits in Bid to Outpedal Rivals

Mobike Ends Bike-Share Deposits in Bid to Outpedal Rivals

Mobike Gives All China Users USD45 Deposits Back to Outrun Rivals

Jul 5, 2018
Liao Shumin
Bicycle Makers Fold as Heat Goes Out of China’s Bike-Sharing Market

Bicycle Makers Fold as Heat Goes Out of China’s Bike-Sharing Market

Chinese bike-sharers' troubles are spilling over and the most recent victims are bike-makers.

Jul 2, 2018
Liao Shumin