Gobee.bike is pulling out of Paris after thousands of its bicycles were stolen or vandalized. “Over the months of December and January, the mass destruction...
Ofo, the Chinese bicycle sharing company, has raised $1 billion or more from Alibaba, the Chinese eCommerce giant, and other investors. According to a report...
Shared bike giants Mobike and Ofo deny they used 6 billion yuan ($909 million) of user deposits to support their rapidly expanding businesses. Anonymous sources...
Talking to Karen Webster earlier this summer, Mobike’s Head of International Expansion, Florian Bohnert, said that bikes are a winning strategy for consumers nearly worldwide...
Bike-sharing has become big business worldwide in a relatively short span of time. Virtually unheard of even a few years ago, these days there are...