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Dockless Bike-share Operator Mobike Reaches 130 Cities

Mobike, 6/27/17

Chinese dockless bicycle-sharing service Mobike announced today that it currently has operations in 130 cities globally, including 125 mainland Chinese cities and 5 overseas cities. In two of the overseas cities comprising this 130-city milestone, Japan's Fukuoka and Sapporo, Mobike has obtained official approval, but is not scheduled to launch service until sometime next month. The other three overseas cities include Singapore and, in the U.K., Manchester and Salford. Mobike launched service in Singapore in mid-March, and began deploying bikes in Manchester and Salford today, with plans for an official launch event tomorrow.

In mainland China, Mobike's service is now available in all but four - Qinghai, Gansu, Heilongjiang, and Jilin - of the country's 31 provinces, and covers nearly all tier-1 and tier-2 cities, and many tier-3 and tier-4 cities. The company has already deployed bikes in all 125 of the mainland Chinese cities included in the 130-city figure.

Editor's Note: In 2016, total users of dockless bicycle-sharing services in China reached over 20 mln, and total market size exceeded RMB 1 bln. Rapid expansion into new cities and steady uptake by new users will drive up these figures dramatically in 2017 to over 200 mln users and nearly RMB 10 bln in revenues. At the same time, China's top bike-sharing operators have already begun trial operations in several overseas markets, and, looking to capitalize on their accumulated industry knowledge, secured supply chain advantages, and strong financial backing, are preparing to rapidly accelerate overseas expansion efforts. To help investors and potential technology, channel, and marketing partners identify opportunities in China’s booming bike-sharing industry, Marbridge has researched and formulated the Chinese Bike-Sharing Industry Matrix. The Q1 2017 edition of the Matrix provides details on 20 leading dockless bike-sharing operators. For more details on Marbridge's Q1 2017 Chinese Bike-Sharing Industry Matrix, please click here.

Keywords: coverage mobile application overseas wireless Mobike bicycle sharing

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