Get the free version of Marbridge Daily delivered to your inbox

Click here to subscribe

Bike-sharing App 'Dingding Bike' Shuts Offices, 8/06/17

The office of Nanjing-based Tiebai Network Technology, operator of mobile bike sharing app Dingding Bike, has been completely vacated and locked up, with no notice posted providing any further information.

Reporters have learned that Tiebai gave notice in late July that it would be canceling its lease on the office, which is located in Zidong International Originality Park in Nanjing's Qixia district. On July 30, Tiebai paid off rent, water, and electricity fees owed and then began vacating the premises, leaving no forwarding address.

From March this year, stories have gradually come out about difficulties recovering user deposits from Dingding Bike. In mid-July, a reporter for online and mobile news portal Xiandai Kuaibao visited the company's office location and discovered there was only one employee there, who at the time promised that user deposits would all be returned by the end of July.

According to local statistics, currently there are at least 1,000 people in the Nanjing area who are unable to recover their deposits.

A branch of the local Market Supervision Administration has been unable to contact the company, and Tiebai has been placed on a list of businesses with abnormal operational status.

Editor's Note: For more information on this topic, please see "Mobile Bike Sharing App 'Dinding Bike' Launches in Nanjing," MD 12/18/16 and "Dingding Bike Deploys 7,000 Bikes to Date," MD 1/19/17 issues.

Keywords: Tiebai wireless Dingding Bike mobile application bicycle sharing withdraw


Please note, all fields are required.
None of your personal information will be shared with third parties.


Marbridge Daily Premium

Interested in gaining full access to all newsletter articles and the Marbridge Daily archive? To learn more about premium subscription options, including pricing, please:

Click here

Marbridge Consulting RSS Feed

Marbridge Reports