mobike
Mobike Joins Tencent to Bring Bike-Sharing Service to Chinese WeChat Users
| Ellie Froilan | | Apr 03, 2017 05:46 AM EDT |
Mobike Technology Co. Ltd has announced its deepened strategic partnership with Tencent, tapping the 889 monthly active users of WeChat app.
Ofo is the first Official Unicorn in China’s Upcoming Bicycle Rental Industry
| Girish Shetti | | Mar 01, 2017 08:44 AM EST |
China's bicycle rental sharing start-up Ofo has achieved the coveted unicorn status with its latest fund raising exercise that was led by the Russia's DST. Ofo raised $ 450 million in its Series D round of funding to hit a valuation of $1 billion.
China to Go Environment-Friendly with ‘Uber for Bikes’
| S. Rina | | Oct 22, 2016 02:32 PM EDT |
China is taking an innovative step to fight environmental pollution, as ride-sharing for bikes is now being introduced.
China's Bike-Sharing Apps Mobike, oFo Secure $200M Investment: Report
| Charissa Echavez | | Oct 02, 2016 11:03 PM EDT |
China's two biggest bike-share startups, Mobike and oFo, have separately raised large investments for further expansion.
China's Didi Chuxing Invests in Bike-Sharing Startup Ofo
| Charissa Echavez | | Sep 26, 2016 07:00 AM EDT |
China's ride-hailing app Didi Chuxing announced on Monday it has invested "tens of millions of dollars" in Chinese bike-sharing startup called ofo.
Mobike is the Uber for Bicycles
| Phenny Lynn Palec | | Jul 08, 2016 07:05 AM EDT |
An Uber spin-off has been launched in China by an ex-Uber employee. The new service called Mobike offers a similar ride-hailing feature like Uber, but instead of cars, it is an on-demand bicycle rental service.
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