Posted inTechnology

Mobike to scrap China user deposit in bike-sharing race

BEIJING: Mobike, one of the world’s biggest bike-sharing companies, is doing away with deposits for all customers in China, amid a fierce battle to win users. Existing users will be able to get a refund of their deposits as the company’s service also gets integrated into Meituan platform, Mobike said, after a $2.7 billion takeover […]

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