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…
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…
Ericsson has signed an MoU with China Mobile’s Government and Enterprise Customers Branch and Mobike for a “smart travel” partnership to explore and develop digital services and accelerate the application of new IoT technologies related Read more…
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…
BEIJING (Reuters) – Chinese bicycle-sharing startup Mobike said on Monday it has raised funding in a new round led by Singapore state investor Temasek Holdings and hedge fund Hillhouse Capital, bringing its total new funding Read more…
Ericsson, China Mobile Shanghai and bike-sharing service Mobike have joined forces to trial cellular IoT technologies on a live network to provide a more convenient and enhanced bike-sharing experience to Mobike users. Carried out on Read more…
BEIJING (Reuters) – China’s Mobike said it has joined hands with Foxconn to double the number of bikes it plans to make this year to 10 million, adding that the Taiwanese manufacturing giant had also Read more…
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