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Fledgling bike-share startup Mobike is to be acquired by Chinese ecommerce giant Meituan-Dianping. Terms of the deal were not officially disclosed, but local media reports have pegged the value of the transaction at $ 2.7 billion. Launched in Shanghai back in 2016, Mobike rolled out to dozens of cities across China before going international last ye…Read […]
After raising nearly a billion dollars in just two years, Mobike sees a future beyond just bikes. https://media.wired.com/photos/5a060e3cdf2ed96d0e9f5213/master/pass/Mobike-633852642.jpg Feed: All Latest
Chinese bike-sharing startup Mobike has arrived in Washington D.C., its first U.S. city. The launch comes as myriad bike-sharing companies launch similar services across the country. To recap, Mobike provides cities with the bikes and the technology platform, including mobile apps, allowing riders to unlock a bike by scanning a QR code with their phone. For longevity, […]
