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China's bicyle-sharing firm gets tech upgrade
China's bicyle-sharing start-up ofo on Wednesday partnered with two Chinese telecom companies -- Huawei and China Telecom to improve its connectivity.
February23,2017
China's Mobike gets 300 mln USD funding to expand overseas
China's leading bicycle-sharing service provider Mobike Technology has secured more than 300 million U.S. dollars in the latest round of funding since January this year, the company's CEO Wang Xiaofeng said Monday.
February21,2017
Mobike plans new financing round
Chinese bicycle-sharing platform Mobike announced a new round of financing on Monday, introducing new investors like Singapore-based Temasek, according to an announcement the company sent to the Global Times.
February21,2017
Is the sharing economy overvalued?
With the sharing economy becoming a trend across the world, its development in China is both promising and controversial. The sharing economy first made its mark in China in 2011.
December20,2016
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