mobike
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
Hong Kong’s Gobee raises $9M to take on China’s bike-sharing unicorns worldwide
China’s Ofo and Mobike may be the Uber of bike-sharing thanks an early head start and more than $1 billion in cumulative funding that’s financing aggressive international expansions, but