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Didi and Mobike have already raised prices
The company’s register capital has dropped drastically from RMB 1.03 billion to RMB 430 million
Licensed operators like Mobike and Ofo can submit applications to expand their fleet sizes twice a year, said the city-state.
The removal of any forms of barriers of usage is an important strategy that Mobike implements to create more opportunities to attract additional users and redirect the competitors’ users to Mobike.
Ofo seems to be alone in bucking the deposit-free trend.
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