Meituan-Dianping Listed on HKEX Amidst Great Losses
On Sept. 20, Meituan-Dianping started trading at the Hong Kong Stock Exchange.
How A Film Changed My Life Forever
A story about how a Shanghai-based bike designer decided to pursue his dream, all because of one film.
The Girl Who Lived in a Yurt and Became an Entrepreneur
Erica was an editor, this is the story of how she refused to accept what life’s thrown at her, and decided to get whatever she wants instead.
Meituan-Dianping Updates Operating Data in IPO Prospectus, Raising Valuation to $55 Billion
Meituan-Dianping (Meituan), one of the most popular local online group purchase platforms in China, updated the operating data throughout its IPO Prospectus on September 3.
Meituan Hotels Surpassed Ctrip to Lead the Online Hotel Booking Industry in Q2 2018
Meituan Hotels has overtaken Ctrip to rank first in China on the fronts of order volume and nights booked in Q2 2018, according to a report released on August 30 by Trustdata, a mobile internet data monitoring company.
Ofo’s $2 Billion Acquisition by Didi Rumored to be Finalized
Bike-sharing giant ofo has finally agreed to be bought out by Didi-Chuxing according to Chinese media. The deal is said to be worth $2 billion and that all other co-founders, except for CEO Dai Wei, will be leaving the company, according to the report.
Ep. 16: Bike-sharing in China, Part 2: Mobike and the Future of Personal Transportation
This episode of TechBuzz China is our second of two focused on bike-sharing in China.
Ofo and Didi Respond to Acquisition Negotiation Rumors
Ofo dispelled rumors on July 30 that its negotiation with DiDi Chuxing is soon to come to a close.
Ep. 15: Bike-sharing in China Part 1: Ofo’s Wild Ride
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
Ofo to Lay Off 70% of U.S. Workforce and Shut Down Operations in Multiple U.S. Cities
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 Launches Motorized E-Bike for Sharing, Refunds $150 Million
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.
Possible Allocation of 10 Billion RMB in User Deposit by Bike-Sharing Platform ofo
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.
Mobike’s Shared Cars to be Launched on the Bike-Sharing App Deliverable in October
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”.
Man Sentenced to 6 Months Jail for Taking Two Shared Mobikes
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.
Mobike Founder Hu Weiwei Becomes New CEO Replacing Wang Xiaofeng
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.