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Grab drivers now have to earn virtual diamonds to get a bonus. They chose to migrate to the competitor in protest.
The saying of great minds think alike apparently applies to the SEA ride-hailing duo.
Licensed operators like Mobike and Ofo can submit applications to expand their fleet sizes twice a year, said the city-state.
A VC’s take on investing into Latin American bike-sharing market.
Ofo said in April that it wants to serve more than 100 US cities by end-2018. Then, in July, it downsized 70% of its US workforce.
The news come after the bike-sharing company halted its international expansion plans
While many Chinese bike-sharing startups have bitten the dust in 2017, Hellobike has entered the fast track of development.
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