Mobike

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Ofo, the world’s biggest independent bike-sharing provider, has withdrawn from yet another overseas market as it pins its hopes on success in its home country, China.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
China’s Car-Sharing Operators Overtake Bike Firms to Bag Biggest Funds

China’s Car-Sharing Operators Overtake Bike Firms to Bag Biggest Funds

China's car-sharing sector has replaced shared bikes to become the biggest target for investment.

Jun 29, 2018
Wu Ziye
Meituan-Dianping Reveals Huge Losses Ahead of Hong Kong IPO

Meituan-Dianping Reveals Huge Losses Ahead of Hong Kong IPO

China’s Meituan-Dianping has disclosed major losses covering the last three years in the online services platform’s prospectus for its much-anticipated initial public offering in Hong Kong.

Jun 25, 2018
Liao Shumin
300,000-Plus Skeletal Shared Bikes Litter Guangzhou’s Streets

300,000-Plus Skeletal Shared Bikes Litter Guangzhou’s Streets

Abandoned shared bicycles have become a major headache for Chinese cities due to over-delivery and corporate closures. Guangzhou has more…

Jun 25, 2018
Dou Shicong
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