This episode of TechBuzz China is our second of two focused on bike-sharing in China.
Ofo dispelled rumors on July 30 that its negotiation with DiDi Chuxing is soon to come to a close.
The Internet age has brought with it the “New Four Great Inventions” of China: high speed trains, scan-and-pay mobile payments, bike-sharing, and ecommerce. This week’s episode is the first in a two-part story on bike-sharing
The Chinese bike-sharing startup ofo confirmed with Quartz that the company is laying off employees in its North American marketing, communications, and engineering teams, along with its recent withdrawal from other markets.
Mobike, one of the world’s largest bike-sharing companies, has just launched its new pedal-assisted electric bikes as well as a deposit refund plan at the launch event on July 5.
On the morning of June 11, Caixin.com revealed that, ofo, the Beijing-based bike-sharing platform, has a 1.5 billion yuan ($234.2 million) deficit with only 3.5 billion yuan left in user deposit.
China’s bike-sharing giant, Mobike Technology Co., unveiled its new shared car on April 19 in Beijing. Manufactured by Xinte Electric, a local electric car company out of the Guizhou province of China, the new shared automobile is called “DEV1 shared version”.
Caught destroying the locks and attempting to make the two shared bicycles from Mobike his own, a Shenzhen resident was sentenced to 6-months in jail and a fine of 3,000 yuan ($473) for theft by the People’s Court of Longgang District in Shenzhen.
On April 28, Wang Xing, Chairman of Mobike and CEO at Meituan-Dianping together with Mobike founder Hu Weiwei announced the new organizational adjustment in an internal letter.
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.