News
Chinese bike-sharing firm Mobike pulls out of Asian markets
Chinese dockless bike-sharing company Mobike said it will pull out of some Asian countries and re-evaluate its units in other overseas markets. Read more…
bike sharing
News
Ofo bike-sharing collapse – Chinese tech investors beware
BEIJING/SHANGHAI (Reuters) – On the sidewalks of Shanghai and Beijing, once bright-yellow Ofo bicycles lie in varying states of disrepair – chains unhooked, wheels buckled and paint starting to fade – reflecting the quick rise Read more…
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E-scooters are a step too far for the sharing economy
Not to be outdone by the bike-sharing craze in China, Silicon Valley is jumping on the e-scooter bandwagon, an idea that sounds great but has significant practical difficulties. Car sharing and ride hailing began in Read more…
Off the Wire
GrabCycle Beta crams multiple bike-sharing services into one app
Ride-hailing firm Grab has unveiled GrabCycle Beta, a marketplace app that will bring partners oBike, GBikes, Anywheel and Popscoot into a single app. Grab also announced Sentosa as its first GrabCycle Venue Partner, as part Read more…
Off the Wire
Singtel Group signs pan-Asian partnership deal with Mobike
The Singtel Group has signed a memorandum of understanding (MOU) with bike-sharing company Mobike to collaborate on mobile payments, IoT, data analytics and marketing across Asia to enhance Mobike’s bike-sharing service. This partnership extends across Read more…
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Asia’s youth keen to ditch cars and taxis for bike-sharing: survey
SINGAPORE (Reuters) – Orange, yellow and other brightly coloured bikes have been popping up in cities across Asia, surprising residents and frequent visitors with their sudden ubiquity outside train stations and condo gates over the Read more…
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There are too many shared bikes in Wuhan: Xinhua
SHANGHAI (Reuters) – The central Chinese city of Wuhan has banned the further deployment of shared bikes as it tries to deal with congestion and “chaos”, the official Xinhua news agency reported late on Monday. Read more…
Off the Wire
SoftBank C&S to help ofo expand its bike-sharing service to Japan
Beijing-based bike-sharing provider ofo and SoftBank Commerce & Service Corp announced that they have reached a basic agreement to collaborate on the deployment of ofo’s bike-sharing business in Japan. Ofo and SoftBank C&S plan to Read more…
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Bike sharing bloodbath! Mobike and Ofo square off for global domination
Mobike and Ofo are cash-rich and ready for battle in the global bike sharing space, but their business models are problematic and the economics are worse. A battle is brewing over ride hailing, but the Read more…
Off the Wire
3GPP wraps up Hangzhou meeting with NB-IoT bike sharing demo
Participants at the 3GPP RAN (WGs 1 through 6) and SA2 Working Group meetings hosted by Huawei in Hangzhou last week wrapped up the meetings with an “NB-IoT bicycle tour” meant to demonstrate how NB-IoT Read more…
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Bike-sharing apps are disrupting China’s sidewalks
BEIJING (Reuters) – China’s renewed love affair with the bicycle is proving a boon for mobile bike-sharing apps but is causing headaches by congesting city sidewalks. Business for Mobike, ofo and other apps has taken Read more…