Chinese bike-sharing startup Ofo raises $866M in new financing led by Alibaba Group

 Beijing-based bike-sharing startup Ofo has raised $866 million in new financing led by Alibaba Group to fuel its expensive competition with Mobike, which is backed by Tencent, one of Alibaba’s biggest rivals. Ofo and Mobike are the two largest bike-sharing companies in China. Read More

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GoBee Bike throws in the towel in France

 Bike-sharing startup GoBee Bike is giving up and shutting down in all French cities where it operates. GoBee Bike operates just like Chinese giants Ofo and Mobike. You open the app, you find a bike on the map and you unlock it by scanning a QR code. Once you’re done, you lock it again and leave it there — there’s no dock. And yet, the startup is blaming vandalism and says… Read More

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LimeBike is also getting into the e-scooter game

 On the heels of LimeBike’s expansion into e-bikes, as well as competitor Spin’s expansion into Razor-like electric scooters, LimeBike is unveiling its own take on e-scooters. LimeBike is also officially deploying its e-bikes in Seattle. “This is an exciting and competitive landscape,” LimeBike CEO Toby Sun told TechCrunch. “What you are beginning to see is that… Read More

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Uber is piloting a bike-sharing service with JUMP

 Uber is launching a bike-sharing service next week in partnership with JUMP, a startup that recently received the first and only permit to operate dockless bike-sharing in San Francisco. JUMP’s contract with the San Francisco Municipal Transportation Agency enables it to launch 250 of its dockless, electric bikes in San Francisco. After the first nine months of the program, the SFMTA… Read More

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Didi has a brilliant plan to contain the threat of China’s bike-sharing services

 China’s Didi Chuxing unveiled its bike-sharing platform today and, as expected, it looks like a very aggressive move to protect its position. When Didi first announced its plans to offer rides from Ofo and Bluegogo inside its app, I argued that this was far from a positive gesture since the ultimate goal is control. By introducing its own service inside its own app to its own… Read More

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Social Bicycles raises $10 million Series A round, rebrands as Jump Bikes

 Social Bicycles, now officially known as Jump Bikes, has just closed a $10 million Series A round led by Menlo Ventures with participation from Sinewave Ventures, Esther Dyson and others. “At Menlo Ventures, our investment team supports entrepreneurs who are on a mission to change the world—including, how consumers move through it,” Menlo Ventures Managing Director Shawn… Read More

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Jump will be the first stationless, e-bike-sharing service to launch in SF

 Social Bicycles, maker of the Jump pedal-assist e-bikes that don’t require docking stations, has received a permit from the San Francisco Municipal Transportation Agency to launch 250 dockless electric bikes in San Francisco sometime between now and the end of March. This is the first permit the city has issued to an electric, stationless bike-share provider. Read More

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LimeBike unveils pedal assist e-bikes

 On the heels of Motivate’s announcement that it’s launching an e-bike pilot program in San Francisco, startup LimeBike is essentially doing the same, but sooner. At CES, LimeBike unveiled its new electric pedal assist bikes, which use electric power to give your pedaling a boost and make riding up hills a breeze. While Motivate is rolling out its e-bikes for the Ford GoBikes system… Read More

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Ford GoBikes are going electric in San Francisco

 Motivate, the company behind the San Francisco Yay (Bay) Area’s bike-share system, is adding pedal-assist e-bikes to its fleets this April. The one-year pilot will launch with 250 of these e-bikes in San Francisco, the company announced today. The bikes, created by startup GenZe, are designed to assist riders as they’re pedaling, therefore reducing the need for much energy while… Read More

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Mobike lands investment from Line to grow its bike-sharing service in Japan

 Dock-less bike rental company Mobike is teaming up with messaging app firm Line to boost its presence in Japan. Line, which is Japan’s most popular messaging app with 71 million users in the country, is making an undisclosed investment in Mobike Japan, the Chinese firm’s entity in the country. The deal will see the Mobike service integrated into the Line app the same way that it… Read More

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