Why knowledge sharing platforms are hot in China

Ever since the invention of internet, users have spotted the joys of free knowledge: access to a sea of knowledge with one simple click of mouse. Chinese, though, is embracing the idea of paid knowledge…

Bike-sharing: Is it Uber lite or just a…

Attendees at this year’s World Internet Conference in Wuzhen discussed the potential of the emerging bike-sharing market in China. The market leader Mobike’s CEO Wang Xiaofeng spoke on how the bike-sharing app can change the…

Airbnb-like platform Xiaozhu lands USD 65 M in…

Chinese Airbnb-like site Xiaozhu announced on Wednesday that it has secured its Series C+ and Series D rounds of financing, totaling USD 65 million. Chinese private equity firm Capital Today led the Series C+ financing…

Mobike to test trial bike-sharing app in Singapore…

By Yon Heong Tung Chinese bike-sharing startup Mobike has set its eyes on Singapore’s cycling community. Today, it announced it will be test trialling its bike-sharing service in Singapore. The first batch of Mobikes is…

USD 700 to hire a carrier? Bike sharing…

Major Chinese bike sharing company ofo is spending a lot of money to hire porters to put their bikes where users may need them most. The report by NetEase Tech on Wednesday said that ofo is…