China’s WeWork for houses reveals rental loan risks

By Emma Lee

Feb 21, 20207 min read (Image credit: Danke)Attention from regulators spells more trouble for a highly leveraged, loss-making company that’s applied the WeWork model to China’s housing market.
Shenzhen’s finance and insurance regulatory watchdogs an…

Bike rental firm Hello Global exceeds 300 million users

By Emma Lee

Jan 7, 20202 min read A Hellobike rider waits for traffic on the streets of Shanghai on March 22, 2019. (Image credit: TechNode/Eugene Tang)Ant Financial-backed bicycle rental platform Hello Global has said that it is the largest two-wheel transport…

Meituan may revive rental power bank business

By Emma Lee

Aug 27, 20191 min read Power bank charging a smartphone. (Image credit: Bigstock/Eremin)Chinese online-to-offline mega app Meituan Dianping is reviving its power bank rental business two years after discontinuing a pilot launch in 2017, according to…

Meituan may revive rental power bank business

By Emma Lee

Aug 27, 20191 min read Power bank charging a smartphone. (Image credit: Bigstock/Eremin)Chinese online-to-offline mega app Meituan Dianping is reviving its power bank rental business two years after discontinuing a pilot launch in 2017, according to…