China’s Mobike plans move into services and aggressive international expansion

 Mobike, the Chinese bike-sharing company that raised $600 million last week, has lifted the lid on its plans to expand beyond rides and move into services. The Beijing-based company announced last week that it plans to expand to reach 200 cities before the end of the year, many of which are expected to be outside of China. But, as if that ambitious target wasn’t enough, the company is… Read More

by Jon Russell via Endless Supplies .Ca - News