Mobike founder Hu Weiwei: A crazy idea that touched millions of lives

China

5 min read

Jun 29, 2018

By Xinlei Wang and Feng Ke

In just three years, Hu Weiwei has changed the way over 150 million people travel in the city with her company’s dockless bikes

After its recent multibillion-dollar acquisition by China’s largest on-demand service provider Meituan-Dianping, Chinese bike-sharing startup Mobike and its founder Hu Weiwei became worldwide business celebrities overnight. Not only did Hu personally reap RMB 1.5 billion from the deal, she also made it to Forbes Asia magazine’s 2018 “Emergent 25” list.
Yet, less than four years ago, Hu was an automobile journalist drawing a five-digit-RMB salary. When she decided to create a bike-sharing business in China, it seemed a crazy idea to most. “All your bikes will b...

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Edited by Celine Lim

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