Bike sharing app ofo pushes ahead of rival…

Ofo, a leading bike sharing startup in Beijing, just got an edge over its rival, Mobike, a Shanghai-based bike maker and sharing app - at least in the race for financing. Ofo on Monday announced…

It’s on! Mobike to take on ofo with…

As AllChinaTech predicted earlier, Chinese bike sharing company Mobike has recently announced that it has landed USD 100 million in its Series C financing, as reported by Tencent Tech on Friday. Tencent Tech said in…

Why can’t a bike sharing app thrive in…

As a member of Generation X, Yan Fei’s lifestyle exemplifies that of a young professional in Beijing. There’s a way for him to to tackle the challenge of the heavy traffic in the capital. He…