Mobike Archives - Page 2 of 4

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.

Ep. 1: Toutiao’s Apology and Mobike’s Acquisition by Meituan

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 Acquires Mobike, One of the World’s Largest Bike-Sharing Companies

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 will enter Tokyo in June

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.

Mobike, ofo Share Bicycle Data, Reveal Cycling Heat Map

Two major bike-sharing companies, Mobike and ofo, have announced plans to share their big data.

PitchBook Publishes Unicorn Class of 2017, Mobike and NIO Make the List

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.

ofo Expands Overseas: From Seattle to 15 US Cities

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 to Launch Comprehensive Bike-sharing Platform; Cooperates with bluegogo

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.

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