ofo pedals their way into four European countries on World Car Free Day
The globalization competition between ofo and Mobike, two of China’s top bike rental giants, is reaching a feverish pitch. Instead of revealing the entrance to overseas markets one by one, ofo...
View ArticleMobike 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...
View ArticleOfo launches in US capital, hopes to conquer US market within a year
Ofo, China’s leading bike rental company, announced October 10 its launch in Washington, D.C., following Seattle and Massachusetts. The fast-expanding firm will deploy 400 of its yellow bikes over the...
View ArticleTaiwan Turnaround: Are regulators killing innovation?
In part 4 and the finale of the Taiwan Turnaround series looking at how Taiwan’s internet tech scene is catching up, TechNode looks at the effects that regulations have had on the startup economy and...
View ArticleChina Tech Talk 25: Mobike goes global with Florian Bohnert
This week John and Matt follow up with Florian Bohnert, Head of Global Partnerships about what Mobike has been up to since we last talked, including: How Mobike has expanded into global markets The...
View Article2017 Q3 bike rental market analysis from Cheetah lab: Getting ready for winter
Statistics from the Cheetah big data shows that ofo and Mobike still occupy the majority of the bicycle rental market in the third quarter of 2017, Chinese media Lanjing TMT is reporting. As the...
View ArticleUpdated: Ofo appears to be playing ‘dirty’ to beat the new bike ban in the...
Ofo appears to be infringing on the ban on new bikes being put on the streets of Shanghai according to some investigative reporting by the Liberation Daily. The paper has provided a timeline of new...
View ArticleMobike rides the swell into Australia with surfboard racks and designated...
Mobike tries to catch up with China arch-rival ofo by announcing it will launch in Australia in January 2018. The company will put around 2,000 bikes onto the streets around Gold Coast, Queensland, but...
View ArticleBriefing: Officials meet in Chengdu to consider new bike rental regulations...
多部门商讨共享单车押金监管举措 from NetEase (our translation): “Nov. 6 to 8, the Ministry of Transport, National Development and Reform Commission, Ministry of Industry and Information Technology, Ministry of Public...
View Article6 of China’s bike rental companies have shuttered in the last 5 months
At least six bike rental companies in China has shuttered during the last five months. After Bluegogo and Coolqi, the latest to close shop was Xiaoming (小鸣) which followed a similar scenario. Staff is...
View ArticleMobike officially launches ride-hailing service, first testing in Guizhou
Mobike, China’s major bike rental company, announced today that it will roll out its first ride-hailing service in Guizhou, marking the firm’s official attempt to expand outside of the bike rental...
View ArticleDidi continues pivot into two wheeled mobility with beta test of electric...
Chinese ride-hailing behemoth Didi is beta-testing its electric bike rental service in South China, a person with knowledge of the matter told TechNode. Didi is said to have won the initial support of...
View ArticleUpdated: Alibaba rumored to deepen involvement in bike-rentals with upcoming...
Updated 23 Jan 2017: TechNode Chinese has reached out to Hellobike, Fosun Capital and Hellobike’s early-stage investor GGV, but neither has confirmed the news. Chinese bike rental firm Hellobike (哈罗单车)...
View ArticleGuangzhou and Shenzhen urge Didi to solve Blugegogo’s deposit issues
It seems that Didi’s take-over of Bluegogo’s bike-rental business hasn’t been smooth sailing. Transportation authorities in Shenzhen and Guangzhou have been in talks with Didi, saying that operating a...
View Articleofo announces $866 million funding round led by Alibaba amid cash strain rumors
ofo raises $866 million in latest funding round led by Alibaba
View ArticleMeituan acquisition of Mobike seems a done deal
Last night (03 Apr 2018), Mobike shareholder meeting voted in favor of the Meituan acquisition, The Beijing News has reported (in Chinese). The Chinese group buying site Meituan agrees to acquire the...
View ArticleState inspection reveals quality issues in several brands of bike rentals
Some of the fashionable shared bicycles we ride every day are not as save as we thought.
View ArticleOfo starts selling ads on bikes and in apps
Chinese bike rental giant ofo has started selling advertisements on its bikes and apps (in Chinese) in an attempt to boost revenues amid increasing cash strain. The company will launch custom-designed...
View ArticleAs bike rentals cool, ofo chooses to stand alone
China’s bike rental industry has experienced a roller coaster over the past 3 years. At its height, there were nearly 80 bike rental startups in the market, brightening the streets with a rainbow of...
View ArticleOfo’s overseas operations show signs of cash crunch
More signs show that ofo’s cash crunch not only affect its domestic business but also its global expansion plans. The troubled bike hire giant has launched a warehouse sale of its bikes to downsize its...
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