Mobike aims to expand into 200 cities around the world at the end of the year

【Global Science and Technology Report】 According to the British "Daily Mail" on July 18, Mobike, a rapidly growing shared-cycling startup, has 100 million users in China. At present, Mobike is planning to enter the US and European markets, and will launch shared bicycles in 200 cities around the world by the end of the year, hoping that its unique "no-piling" model can subvert the shared bicycle industry. This week, at the "Fortune" Brainstorming Technology Conference held in Aspen, Colorado, Mobike exhibited some colorful bicycles. Although many major cities in the United States have shared bicycle projects, Wang Xiaofeng, co-founder and CEO of Mobike, said he hopes that the municipal authorities will understand the new concept of Mobike. “Traditional station bikes are like desktop computers, and we are more like a smart phone.” Wang Xiaofeng said at the meeting that when the Mobike bike was launched in April 2016, it decided to cancel the station and the stop point, making it easier for people to use the bicycle. . Without bicycle stations and stops, passengers can travel without restrictions. At the same time, the user can use the smart phone application software to unlock the bicycle. In addition, Mobike has also installed a GPS positioning system that allows drivers to charge at any time. In the past 15 months, the company has expanded its business to more than 150 cities and invested 6 million bicycles. Wang Xiaofeng said that more than 20 million people use Mobike each day, which makes bicycles more important than taxis in some cities in China. Mobike announced last month that the company had received a new round of financing of 600 million U.S. dollars (about 4.068 billion yuan), led by Chinese technology giant Tencent. This is the largest round of financing for Mobike’s history, with a financing valuation of more than US$1 billion (approximately RMB 6.764 billion). According to reports, Mobike was launched last month in two British cities including Manchester and Singapore and Japan. Wang Xiaofeng told reporters: "We expect to become a global company." Wang Xiaofeng said that Mobike bicycles can co-exist with current cycling programs, allowing more people to become interested in cycling. In the United States, the company is studying the local market and negotiating with the local government. In China, Mobai is competing with the shared bicycle companies including ofo. (Internship Compilation: Shi Minyan reviewer: Liu Yang)

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