Chinese bike-sharing startup Mobike expands to Japan

Updated 2017-06-23 14:53:56 CGTN

Leading Chinese bike-sharing start-up Mobike said Thursday it will begin service in Fukuoka later this year, making Japan its third overseas market after Singapore and the UK.

"Mobike is very excited to enter the Japanese market, and Fukuoka City, known for its innovation and dynamism," said Mobike's head of international expansion Chris Martin.

"Fukuoka city government and the Fukuoka Directive Council (FDC) have given Mobike an incredible platform from which to expand our business in Japan."

Mobike, which has already established a subsidiary in Fukuoka, said in a statement it was committed to providing smart bike-sharing services in collaboration with local government across Japan.

The company started its business in Shanghai in April last year and so far has spread to over 100 major Chinese cities, as well as Singapore, and Manchester and Salford in the UK, with 5 million bicycles worldwide.

The company now plans to be operational in 200 cities by the end of this year, said CEO and founder Davis Wang.

"We welcome Mobike's easy-to-use bike-sharing service in Fukuoka City, which adds vibrancy to the city's long-established cultural heritage," China Daily quoted Mayor Soichiro Takashima as saying.

"We look forward to the benefits Mobike will bring with the reduction of automobiles, and the positive impact Mobike's eco-friendly bike-sharing service can provide," he added.

Last week, the bike-sharing service provider announced it had attracted 600 million US dollars in its latest fundraising round, bringing the company's investment for 2017 to nearly one billion US dollars.

Mobike users can locate a bike using an app and unlock it by scanning a QR code on the bicycle. It only costs 1 yuan (0.15 US dollars) per hour, and the rider can leave the bike anywhere they want, without having to return it to a specific location.

Bike-sharing has grown into a massive phenomenon in China over the past few months, with a dozen companies offering colorful bikes and ever-bigger deals to attract users.

Also in the News

Nicole Kidman Recalls Oscar Glory: Loneliest Time
Showbiz2016/06/16 13:58July 21 2018 23:05:21

Nicole Kidman Recalls Oscar Glory: Loneliest Time

Attending Shanghai International Film Festival, Nicole Kidman talks about her role in "Grace of Monaco".

Labor Day Travel Peak Starts
Also in the News2014/05/01 12:16July 21 2018 23:05:21

Labor Day Travel Peak Starts

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'
Also in the News2014/04/18 13:18July 21 2018 23:05:21

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'

Hollywood star Johnny Depp's speech in the upcoming new film "Transcendence" has been disclosed on Friday, April 11th.

Most Watched

China World Business Sports Showbiz Audio
C4 My Chinese Life The Sound Stage China Revealed Showbiz Video Travel Video
China World Fun Travel Entertainment Sports
Beijing Shanghai Guangzhou
Live Music Opera & Classical Movies Traditional Shows Exhibitions
Learn Chinese:
Chinese Studio Living Chinese Everyday Chinese Just For Fun Chinese Culture Buzzwords