Home News Mobike rides into Japan with launch of Japanese subsidiary

Mobike rides into Japan with launch of Japanese subsidiary

Author

Date

Category

- Advertisement -

The Chinese bike-sharing company will start rolling out its service in Japan later this year

Chinese bike-sharing giant Mobike has rode into Japan with the establishment of its Japanese subsidiary “Mobike Japan”.

The subsidiary is located in Fukuoka city and will begin offering bike-sharing services later in the year.

This development is in line with the city’s drive to build a sustainable public transportation ecosystem.

- Advertisement -

“With Mobike’s bike-share platform, Fukuoka residents, as well as local and foreign tourists, can enjoy greater mobility and convenience when traveling around the city,” said Soichiro Takashima, Mayor of Fukuoka city, in an official press statement.

“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.

“Mobike is very excited to enter the Japanese market, and Fukuoka city, known for its innovation and dynamism, is a natural partner for Mobike,” said Chris Martin, Head of International Expansion of Mobike.

First launched in Shanghai in April 2016, Mobike is now in over 100 cities across China and Singapore. According to the company, it has over 100 million users, with 5 million bikes in operation and 25 million riders per day at peak times.

Also Read: Mobike co-founder sues Q&A site Zhihu for defamation

Mobike has hit a number of home runs this month alone. First, it announced it will begin operations in UK cities Manchester and Salford on 29 June — its first markets outside of Asia.

Then, it raised US$600 million in a Series E round just days after, giving the Tencent-backed company a significant lead over its Alibaba-backed rival Ofo.

Image Credit: Mobike

Want to be part of the ecosystem?

Register for your Echelon Asia Summit access pass now! Enjoy +10% off Echelon Asia Summit Startup, Investor and Corporate passes just for being our favourite e27 reader.

The post Mobike rides into Japan with launch of Japanese subsidiary appeared first on e27.

Source: e27
Follow us on Social Media

Send in your scoops to news@theindependent.sg 

- Advertisement -

KF Seetoh on errant cyclists: “You need rules la, that’s common sense”

Singapore -- Recent reports of reckless cyclists on the road have prompted  street food guru KF Seetoh to come up with his own recipe for road safety. "Implement road safety for cyclist too, just like how (bike) riders (and) drivers are strictly...

Unpopular opinion: Libel damages should be increased for those who crowdfund, says Calvin Cheng

Singapore -- Courts should take into consideration that libel damages can be crowdfunded and the amounts should be increased accordingly, says Mr Calvin Cheng. In a Facebook post on Saturday (Apr 17), the former Nominated Member of Parliament (NMP) contended that courts...

Migrant worker helps visually impaired senior cross the street at AMK

Singapore—In today’s jaded world, it’s easy to find news that angers or upsets us, and therefore good news of people’s kind acts never fails to bring joy. One such recent act of kindness was shown by a migrant worker who took the...
Follow us on Social Media

Send in your scoops to news@theindependent.sg 

Theindependent