hellobike News of 11/17/19
Hellobike, Survivor Of China’S Bike-Sharing Craze, Goes Electric
Just two years ago, investors were heavily pouring money into China’s dockless bike-sharing startups. Now that boom has busted with derelict bikes littering the streets of cities. Meanwhile, a new race has started for two-wheelers with motors ...
Meituan, Alibaba, And The New Landscape Of Ride-Hailing In China
Instead of switching between apps to secure a ride during rush hour, people in China can now hail from different companies using a single app. Some of the country’s largest internet companies — including ride-hailing giant Didi itself — are ...
Alibaba’S Ant Financial And Hellobike Team Up On $145m E-Bike Battery JV
Shared e-scooters aren’t just gaining popularity in the United States ; they’re hitting the streets of China, too. Recognizing the possibility that some people just don’t want to pedal that last mile, China’s transportation ...
Alibaba Hits The Gas On Mobility As Its Bike Sharing Service Adds Carpooling
Carpooling is heralded to be environmentally friendly and money-saving, but in smog-stricken China, the transportation option became a source of public concerns after two female passengers got murdered during their lifts with Didi Chuxing drivers. ...
China’S Mobike Will Rename To Meituan Bike As Its Parent Takes The Wheel
One of China’s top bike rental apps is entering a new phase. Mobike, which neighborhood services giant Meituan-Dianping gobbled up last April , is changing its name to Meituan Bike as part of an ongoing integration with its parent, ...
China’S Youon Expands Into Europe As Other Bike Startups Backpedal Worldwide
A little known Chinese bike company is riding into Europe as its peer Ofo has applied the brakes to its global expansion strategy in recent months. Youon, which gets by manufacturing public bikes for city governments across China, has formed a joint ...