Movers and Shakers

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...

The rest of the content is only available if you are logged in.

Edited by Celine Lim

We pride ourselves on the accuracy of our information and reporting. Please help us by letting us know of any incomplete or inaccurate information on our website.