BEIJING - Chinese dockless bike-sharing company Mobike said on Monday it will pull out of some Asian countries and re-evaluate its units in other overseas markets amid a wide-scale contraction in the market and the bankruptcy of top competitor Ofo.
TechCrunch earlier reported that Mobike laid off its Asia Pacific operations team, including staff and contractors in Singapore, Thailand, Malaysia, India and Australia.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China's Mobike to pull out of some Asian countries, evaluate other marketsBEIJING: Chinese dockless bike-sharing company Mobike said on Monday (Mar 11) it will pull out of some Asian countries and re-evaluate its units ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Mobike applies to LTA to withdraw from SingaporeSINGAPORE - Mobike is withdrawing from the Singapore market - the third major bicycle-sharing operator to hit a roadblock here after oBike and ofo.. Read more at straitstimes.com. Lesser trash. its been good, mobike. all the best.
Source: The Straits Times - 🏆 8. / 63 Read more »
Mobike applies to LTA to exit from Singapore market
Source: TODAYonline - 🏆 1. / 99 Read more »
Mobike applies to LTA to withdraw from SingaporeMOBIKE is withdrawing from the Singapore market - the third major bicycle-sharing operator to hit a roadblock here after oBike and ofo. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »