Bike Sharing

Beijingers Miss Out on Deposit-Free Bike Sharing; Firms Don't Expect Revolt

Beijingers Miss Out on Deposit-Free Bike Sharing; Firms Don't Expect Revolt

China’s top bike sharers Mobike, Ofo and Hellobike have all recently adjusted their deposit-free riding policies, but left one city in the dark: Beijing.

Jun 15, 2018
Liao Shumin
Ofo Denies Embezzling Around USD1.6 Billion in User Deposits

Ofo Denies Embezzling Around USD1.6 Billion in User Deposits

Beijing Bikelock Technology, the firm behind leading bike sharer Ofo, has denied misappropriating user funds worth over CNY10 billion (USD1.6 billion).

Jun 11, 2018
Liao Shumin
Mobike Adds 100 Cities to List of Deposit-Free Riding Zones

Mobike Adds 100 Cities to List of Deposit-Free Riding Zones

Beijing Mobike Technology, one of the world’s biggest cycle sharers, has unveiled plans to unconditionally offer deposit-free riding across 100 more Chinese cities.

Jun 11, 2018
Xu Wei
Ofo Slams Brakes on Mass-Layoffs Rumor

Ofo Slams Brakes on Mass-Layoffs Rumor

Bike-sharer Ofo has hit back at recent reports of large-scale layoffs stemming from a cash crunch at the firm, known for its iconic yellow bikes.

Jun 5, 2018
Qiu Zhili
Bike Sharer Ofo Faces Massive Layoffs Less Than Three Months After USD866 Million Injection, Insider Sources Say

Bike Sharer Ofo Faces Massive Layoffs Less Than Three Months After USD866 Million Injection, Insider Sources Say

Chinese bike sharing firm Baike Luoke Technology which operates a popular Ofo platform, has embarked on large-scale layoffs due to…

Jun 4, 2018
Xu Wei
Mobike's Mexico Expansion Plan Stifled by Alleged Drug-Related Theft

Mobike's Mexico Expansion Plan Stifled by Alleged Drug-Related Theft

Mobike's Mexico Expansion Plan Stifled by Alleged Drug-Related Theft. China's Mobike Technology, the world's largest bike-sharer, has stumbled on a…

Jun 1, 2018
Xu Wei
China's Mobike Pedals to Rival Ofo, Ola in India With First Battle Set in Pune

China's Mobike Pedals to Rival Ofo, Ola in India With First Battle Set in Pune

China's Mobike Pedals to Rival Ofo, Ola in India With First Battle Set in Pune. Mobike Technology, one of China's…

May 28, 2018
Xu Wei
Ofo Denies Reported Pay Cuts, Layoffs, May Move Forward With Bike Body Adverts

Ofo Denies Reported Pay Cuts, Layoffs, May Move Forward With Bike Body Adverts

Ofo, one of China’s big two bike-sharing brands, has refuted claims it could bring in a round of pay cuts…

May 28, 2018
Xu Wei
Didi Winds Up on Defaulters’ List After Repeatedly, Illegally Deploying Shared-Bikes in ShenzhenDidi Winds Up on Defaulters’ List After Repeatedly, Illegally Deploying Shared-Bikes in Shenzhen

Didi Winds Up on Defaulters’ List After Repeatedly, Illegally Deploying Shared-Bikes in ShenzhenDidi Winds Up on Defaulters’ List After Repeatedly, Illegally Deploying Shared-Bikes in Shenzhen

Didi Winds Up on Defaulters’ List After Repeatedly, Illegally Deploying Shared-Bikes in Shenzhen. Shenzhen’s transport commission has released a…

May 19, 2018
Xu Wei
Shenzhen Calls In Didi for Illegal E-Bike Rollout

Shenzhen Calls In Didi for Illegal E-Bike Rollout

Shenzhen Calls In Didi for Illegal E-Bike Rollout. Traffic police in Shenzhen have called the world’s biggest ride-hailing provider Didi…

Apr 26, 2018
Xu Wei
 Ofo Denies Rumored Takeover by Estranged Investor Didi

Ofo Denies Rumored Takeover by Estranged Investor Didi

Beijing Bikelock Technology Co., the firm behind one of China’s leading bike sharers Ofo, has denied speculation that it will…

Apr 25, 2018
Tang Shihua
Meituan Absorbs Mobike for USD2.7 Billion, Reportedly Beating Higher Bid From Didi

Meituan Absorbs Mobike for USD2.7 Billion, Reportedly Beating Higher Bid From Didi

The company behind China’s biggest on-demand services provider Meituan has acquired loss-making bike sharer Beijing Mobike Technology Co. for USD2.7 billion, beating out higher rival offers.

Apr 4, 2018
Liu Jia