Despite what you may have heard, bike rental is not dead.
The great Chinese bike sharing bubble popped a long time ago. Like a horde of syphilitic conquistadors, some 80 startups (including two unicorns) charged into the jungle in search of a city of b…
Chinese ride-hailing platform Didi Chuxing has reportedly secured a $1 billion round of fresh funding for its bike rental business Qingju, as the company seeks to diversify growth in the Chinese mobility market with a target of 100 million daily trips …
Feb 24, 20202 min read Qingju bike rental maintenance staff sanitizing bikes. (Image credit: Qingju)The bike rental sector in China is making a comeback after a steep decline as a result of the Covid-19 outbreak as city dwellers returning to w…
Feb 14, 20202 min read Meituan’s guide to contactless biking. (Image credit: Xinhua News)Chinese bike rental firm Meituan Bike announced Thursday a new “contactless biking” initiative, urging riders to don protective gear and bring disinfectant to s…
Feb 3, 20202 min read Screenshot of Ofo’s new app from Apple’s China app store. (Image credit: TechNode)Troubled Chinese bike rental startup Ofo recently released a new update for its app with fresh e-commerce features along with cash-back and disco…