STARTUP PROFILE

Mobike

Updated: 01/2019

Updated: 01/2019

Mobike

China / Beijing , China

Series E 06/2017

Unicorn

Pitch

Foxconn- and Tencent-backed Mobike is leading the fierce fight for dominance in the global dockless bike-sharing market, with ambitions for more – including logistics services.

Why

Alleviate public transport pressure

Rapidly growing urban populations are putting public transport systems under pressure in cities worldwide.

Environmental concerns

As environmental concerns mount, people are looking for more sustainable transport alternatives to cars.

Troublesome to return bikes

Earlier bike-sharing services require users to return to stations, causing inconvenience and high administrative costs.

Market

49.65 million

Forecast number of bike-sharing users in China in 2017, doubling by 2019. Globally, bike-sharing is expected to generate revenue of US$5.8 billion by 2020 (20% yearly growth).

Limited Reading

The rest of the content is exclusive to Premium subscribers. Subscribe now to continue accessing our full range of insights and data.

I’m a/an

Entreprenuer
Investors
Researcher
Technology & Startup Enthusiast
Government Staff

Already have a Lister Premium Account? LOG IN

RELATED INSIGHTS

Movers and Shakers

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

Sharing Economy

The Big Picture

Dai Wei and his Ofo: Fighting till the last act?

Sharing Economy

The Big Picture

Never mind the bike-sharing fiascos – China's sharing economy is still steaming ahead

Sharing Economy

RECOMMENDED

SXBBM.com (Shixiong Bangbangmang)

Indonesia Agritech Report 2020: Startups, Investors and Outlook

Download

report

report

RELATED INSIGHTS

Movers and Shakers

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

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

Sharing Economy

The Big Picture

premium_tag

Dai Wei and his Ofo: Fighting till the last act?

How the college student who founded a global bike-sharing sensation also led it to the verge of bankruptcy through a string of mistakes

Sharing Economy

The Big Picture

premium_tag

Never mind the bike-sharing fiascos – China's sharing economy is still steaming ahead

China is betting on the sharing economy to drive its shift into a service-based economy and a new era of growth

Sharing Economy

Indonesia Agritech Report 2020: Startups, Investors and Outlook

Download

report

report

RECOMMENDED

SXBBM.com (Shixiong Bangbangmang)

SXBBM.com (Shixiong Bangbangmang)

Your payment was not successful.

Please make sure you have entered your payment details correctly. Or try again in a few moments.

LOG IN

FOLLOW US

The discount code you entered is invalid

Please make sure you have entered your discount code correctly. Or try again in a few moments.

Download successful.

Your sample has been sent. Please check your email.