Briefing: Hello TransTech secures RMB 4 billion in funding
The company says it holds over 50% market share in terms of numbers of orders.
View ArticleMobike removed from WeChat Pay, increasing barriers for users
Mobike was added to WeChat Pay's interface as a third-party service.
View ArticleHello TransTech to launch carpooling service in 10 cities
The company is promising prospective drivers that they can make RMB 2,000 ($300) a month.
View ArticleMobike to rebrand as Meituan Bike, fully integrate into Meituan’s app
The Chinese bike-rental firm will also become a distinct business group within the lifestyle services company.
View ArticleDidi launches bike rental feature for blowing the whistle on ‘uncivilized’ users
So far, more than 1,000 user accounts have been frozen for periods of time ranging from five to 90 days.
View ArticleBriefing: Bike rental cool down prompts calls for policy change
As the bike rental cools down, industry insiders start to ask how well the bike ban fits current circumstances.
View ArticleCourts instruct Ofo to pay RMB 150 million in debts and fines
Records publicized on Wednesday show the extent of Ofo's insolvency, which has affected millions of users.
View ArticleFailures and opportunities: A pivotal moment for China’s mobility industry
Didi hopes new strategies will help it complete a U-turn that will get it out of the dead-end in which it finds itself.
View ArticleCourt froze RMB 1.45 million of Ofo assets this month
While Ofo's legal troubles pile up, millions of users are reportedly still waiting for their deposits.
View ArticleBriefing: Ofo tests in-app store as solution for user refund issue
Users can convert their deposits to virtual coins to buy everyday items such as coffee or wine.
View ArticleMobike will scrap some but not all of its Asia-Pacific businesses
Meituan-owned Mobike also denied that layoffs in Asia are part of a larger exit strategy.
View ArticleBriefing: Didi takes punitive measures against deviant shared bike riders
The rules went into effect on Wednesday on Didi’s bike-rental platforms Qingju and Bluegogo.
View ArticleMobike and Bluegogo double rates in Beijing in bid to stay afloat
Other bike-rental companies are considering raising prices, as warmer weather brings a likely rebound in trip numbers.
View ArticleOfo claims operations are ‘normal’ despite bankruptcy application
An industry source says that despite the application, the company may not have begun legal proceedings.
View ArticleBriefing: Management buyout of Mobike Europe nearly finalized
Mobike Europe branch is reportedly planning on branching out into e-bike and scooter rentals in the region.
View ArticleBriefing: Mobike, Hellobike are charging extra in Shanghai suburbs
Mobike has started to charge Shanghai users an extra RMB 20 (around $3) if they park a bike outside the company's 'area of operation.'
View ArticleGuangzhou invites bike-rental firms to bid for quotas after 19-month ban
Chinese bike-rental firms, Mobike and Hello Transtech, expressed their willingness to enter the bidding.
View ArticleDidi reprimanded for introducing new shared bikes in Beijing in red tape snafu
Didi's struggles in the bike-rental market led to a launch of its own brand, Qingju.
View ArticleHello TransTech fuels Alibaba’s mobility ambitions
In the second part of a two-part series, we look at Hello TransTech’s role in Alibaba’s all-in-one lifestyle ambitions.
View ArticleBriefing: Ant Financial’s Hellobike follows Mobike, Bluegogo in doubling...
Hellobike's new prices are more expensive than taking the bus in Beijing, which may be a blow to its business model.
View Article