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China's Mobike jostles for place on London's streets

09/13/2017| 10:06:49 AM|

Mobike has become the latest company to release its dockless bikes on the streets of London.

The Beijing-based bike-hiring company Mobike rolled out the first of 750 bikes in the West London borough of Ealing on Tuesday, joining four other new arrivals taking on existing schemes.

The launch saw Mobike competing against rival Chinese company Ofo in a British city for the first time.

The two companies are key players in China’s famed "bike wars," with dozens of bike-sharing rivals competing for market share in hundreds of cities across the nation.

Firms from other countries have also entered the London market.

Singapore-based oBike rolled out hundreds of cycles in Wandsworth, while Irish firm Urbo is due to introduce 250 bikes to Waltham Forest.

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TAGS: Mobike | Ofo | oBike | Urbo | bike-sharing
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