Briefing: Mobike, Hellobike are charging extra in Shanghai suburbs

By Bailey Hu

Apr 28, 20191 min read 摩拜、哈罗正从郊区市场撤退 超出范围停车会向用户收取管理费 – IT时报What happened: Bike-rental startup Mobike, which is owned by lifestyle app Meituan-Dianping, has started to charge Shanghai users an extra RMB 20 (around $3) if they park a bike outside the …

Hello TransTech shareholder, capital moves may signal IPO

By Wei Sheng

Apr 4, 20191 min read Screenshot of Tianyacha database (Image credit: Wei Sheng / TechNode).Fifteen shareholders of bicycle-rental startup Hello TransTech have withdrawn from the company, according to Chinese business research platform Tianyancha.com.T…