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Updated: 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...
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Mobike 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,...
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Exclusive: Bluegogo VP confirms leaving the company months ago, staff waiting...
Bluegogo is going bust. Staff from the bicycle rental company broke the news yesterday that the company is dissolving and salary payments will be delayed until February 10, 2018. TechNode’s Chinese...
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Bluegogo not the only one falling apart—Coolqi users waiting for deposits in...
It’s been a bad day for bike rental schemes in China. After Bluegogo’s devastating disintegration, the bike rental company that made its fame with “tuhao” gold bicycles Coolqi has its head office...
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Bluegogo CEO announces sale of company, admits to management mistakes in open...
Founder of Bluegogo, Li Gang authored an open letter on November 16th stating that the Bluegogo has reached a strategic cooperation with Chengdu-based Green Bike-Transit (拜客出行). Green Bike-Transit...
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Briefing: 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...
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6 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...
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Mobike, ofo say no to merger despite investor pressures
Despite the rumors and speculation surrounding a possible merger between Mobile and ofo, Mobike co-founder and CEO Davis Wang has made it clear again at TheYearAhead Summit that a “merger is not an...
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Bike rental companies aren’t collecting abandoned bikes because it’s too...
Despite the transport commission’s demands that impounded bikes be collected by hire bike companies, the cost of doing so, potential per-bike fines when coming forward, and increasing regulation means...
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China’s bike rental sector is still kicking—Hello Bike just won RMB 1 billion...
Updated 28 December, 2017: This article has been updated to correct the statement that Hello Bike completed its Series D1 financing round on December 12th. The financing was completed on December 4th....
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Mobike 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...
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Updated: DiDi will have their own bike rental unit after Bluegogo tie-up
Updated January 9, 2018: This article was updated to include a statement from Didi. Details have been released on the Didi Chuxing and Bluegogo tie-up. According to sources quoted by Pingwest (in...
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Didi 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...
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Didi’s bike rental platform launches in Beijing and Shenzhen with ofo and...
Didi Chuxing has announced that it is launching its bike rental platform today in Beijing and Shenzhen. The platform will be integrated into the ride-hailing giant’s original app and will include both...
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Didi denies getting in between Alibaba and ofo in latest financing round
Yesterday Chinese media 36kr is reporting that Didi vetoed Alibaba’s funding to Chinese bike rental startup ofo. However, Didi’s spokesperson told TechNode that this is not true. “We didn’t veto any...
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Updated: 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...
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Guangzhou 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...
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Didi begins to replace Bluegogo bike’s with their own in Chengdu
Didi announced today that it is expanding its cooperation with Bluegogo. “Beginning [today], in addition to repairing and redeploying some Bluegogo bikes, Didi will start replacing a certain number of...
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Global bike rental is about to get even bigger: Cheetah Global report
Cheetah Global has come out with freshly-minted statistics on the state of the bike rental economy in the world. Public bicycles were first started in Europe but have seen their biggest success in the...
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ofo announces $866 million funding round led by Alibaba amid cash strain rumors
Chinese dockless bike rental titan ofo announced a new $866 million financing led by Alibaba Group, with participation from Haofeng Group, Tianhe Capital, Ant Financial and Junli Captial. The round...
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