TechBuzz China is a new weekly technology podcast powered by Pandaily hosted by Rui Ma and Ying-Ying Lu. To listen to this week’s conversation on Toutiao’s Apology and Mobike’s Acquisition by Meituan-Dianping, you can tune in to TechBuzz China on iTunes Podcast, SoundCloud, or simply search for TechBuzz China in the podcast app of your choice.
Meituan, one of the world’s largest e-commerce platforms of services, announced today that the Company has entered into an agreement to acquire Mobike, one of the world’s largest smart bike-sharing companies.
Mobike, China’s shared bicycle giant, will officially enter the Japanese market this year starting with Tokyo in June. Mobike will enter several Japanese cities this year with 30,000 bicycles. Mobike will cooperate with convenience store giants and restaurant chains to set up dedicated spaces to park bicycles in their shops.
Two major bike-sharing companies, Mobike and ofo, have announced plans to share their big data.
PitchBook, a global data research institution based in the Silicon Valley, names its Unicorn Class of 2017. In 2017, 57 start-ups were valued at more than $1 billion, and their total value was as high as $116 billion. Eighteen Chinese enterprises were on the list, and 10 were among the top 20.
On Christmas Eve 2017, the sun shined in Seattle. Several people rode bikes of the same color and type on the right side of a main thoroughfare in the city center.
Didi Chuxing announced today that it will soon launch a comprehensive bike-sharing platform within its APP, which will integrate ofo, bluegogo, and other potential bike-sharing partners, as well as DiDi’s upcoming own-branded bike-sharing service. DiDi will also introduce deposit-free arrangements to support a better user experience.
36 Kr reported that Didi will complete the acquisition of Bluegogo in the near future, and that it has already signed the purchase agreement. In addition, Didi, which invested Ofo, is trying to create its own shared bicycle system.
Mobike held the opening ceremony for its car sharing business in Guian District, Guizhou province on December 29.
Business that target the sharing economy – especially shared bikes – have been the darlings of investors since 2015.