mobike

Chinese WeWork rival Ucommune raises $200M to go after international growth

China’s Ucommune, the country’s largest rival to WeWork, has been on a busy acquisition spree to build out its domestic business and now it is looking at overseas opportunities after it cl

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

Taxify is entering the e-scooter game

Estonian ride-hailing company Taxify will compete with Bird and Lime in Europe with its new brand of e-scooters, called Bolt, launching in Paris on Thursday. The company has rolled the scooter shar

China’s Didi suspends carpooling service after another female passenger is murdered

Chinese ride-hailing firm Didi Chuxing, the $60 billion-valued company that bought out Uber’s China business, has suspended its carpooling service after the murder of a female passenger. The fat

Alibaba confirms it raised $3B for its newly consolidated local services business

Alibaba has confirmed that it has raised $3 billion for its new-look local services business after it united its Koubei local services business with Ele.me, the on-demand delivery business it recently

Mobike unveils first initiatives since acquisition by Meituan, including no longer requiring deposits in China

Mobike made a roster of announcements about its bikesharing program today, including the end of customer deposits in China and full integration into Meituan Diaping’s app. The developments, its firs

Citymapper lets you find Ofo, Mobike and scooters around you

Urban transportation app Citymapper quietly rolled out an app update that lets you find many alternative mobility services in the app. You can now find the nearest dockless bike or electric scooter ar

CityMapper, the urban transportation app, is integrating with bike-sharing company Mobike

Hot on the heels of getting acquired for $2.7 billion by on-demand services startup Meituan-Dianping en route to its own $60 billion IPO, Chinese bike-sharing startup Mobike is ramping up its interna

Chinese bike-sharing giant Mobike is making big plans for India

You’d be forgiven for thinking that Chinese bike-sharing startup Mobike, which was recently acquired in a $3 billion deal, was already present in India. The company went on an aggressive global

Former Google China head targets AI opportunities with new $900M Sinovation fund

Sinovation Ventures, one of China’s prominent funds which is helmed by former Google China head Kaifu Lee, has announced a new investment fund that’s targeted at a total raise of $900 mill

Spotify steadies, DocuSign’s big year, and scooters are the new blockchain

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This week Katie Roof and I were joined by David Welsh, part of KKR&#

China’s Didi Chuxing confirms it has launched a food delivery business

Amid plenty of speculation, China’s ride-hailing leader Didi Chuxing has officially entered the food delivery space. The company, which acquired Uber’s China-based business in 2016, confir

Chinese bike-sharing pioneer Mobike sold to ambitious Meituan Dianping for $2.7B

Meituan Dianping, the fast-growing Chinese firm valued at $30 billion, is buying Mobike, a Chinese startup that helped pioneer bike-sharing services worldwide, in a major piece of consolidation. The d

Bird expands to San Francisco, San Jose and Washington

The smash dockless scooter rental startup, Bird, is expanding beyond its Southern California nest with a new rollout in San Francisco, San Jose, Calif. and Washington, DC, the company said today. And

GoBee Bike throws in the towel in France

Bike-sharing startup GoBee Bike is giving up and shutting down in all French cities where it operates. GoBee Bike operates just like Chinese giants Ofo and Mobike. You open the app, you find a bike on

Didi has a brilliant plan to contain the threat of China’s bike-sharing services

China’s Didi Chuxing unveiled its bike-sharing platform today and, as expected, it looks like a very aggressive move to protect its position. When Didi first announced its plans to offer rides f

Didi Chuxing declares war on China’s bike-sharing startups

Fresh from its first international expansion following the acquisition of Brazil’s 99 last week, Chinese ride-hailing giant Didi Chuxing announced another significant move by revealing plans for

Mobike lands investment from Line to grow its bike-sharing service in Japan

Dock-less bike rental company Mobike is teaming up with messaging app firm Line to boost its presence in Japan. Line, which is Japan’s most popular messaging app with 71 million users in the cou

Qualcomm announces investment in Mobike and eight other Chinese startups

Qualcomm is continuing its charm offensive in China, a critical market where it has suffered hard blows in recent years including a $1 billion anti-trust fine, after it announced a flurry of new inves

Ofo comes to the US, joining the bike-share fray in Seattle

Seattle seems like an unlikely venue for a duel between bike-sharing companies: it's rainy, hilly, its residents can't drive and another bike-share program recently went belly-up publicly and ignomini
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