Scan, unlock and ride – such is the simplicity of online bicycle-sharing services in China, which have grown more and more popular in major cities such as Beijing, Shanghai and Guangzhou. The companies allow almost anyone to ride a bicycle for rates of 1 yuan ($0.16) an hour or even less. With the help of investment from eager venture capital firms, these bike-sharing start-ups have put tens of millions of bikes onto city streets. However, their success has also drawn scrutiny, with many questioning if their business model is viable, especially with authorities expected to soon draft regulations for the business.
Scan, unlock and ride – such is the simplicity of online bicycle-sharing services in China, which have grown more and more popular in major cities ...
During a recent visit by the king of Saudi Arabia to China, the two countries signed deals worth $65 billion, including a partnership for manufacturing ...
WeWork was founded in 2010 in the US. With unique and comfortable interior design and a global membership system, the brand has attracted many startups. There are lots of industry service providers in the market. However, WeWork chose the perfect match – Dobe Group.
The St. Regis Tianjin joined millions around the world in turning off lights for one hour at 8:30 pm on March 25 to illuminate a powerful message about environmental awareness and action.
Apple Inc. has made record achievements in suppliers' responsibility, according to the company's 11th annual supplier responsibility report on Monday.
A joint venture of Chinese and Zimbabwean auto companies on Monday launched a top-of-the-range pickup truck, the Grand Tiger, in Zimbabwe.
Profit growth at China's state-owned enterprises (SOEs) accelerated in the first two months of the year as the economy continued to improve, official data showed Monday.
MTR, the company that runs the Hong Kong metro system, was named on Monday as a partner in a new consortium to run one of the major inter-city rail franchises in Britain.
China's banking industry witnessed an expansion in external financial assets in the fourth quarter last year, official data showed Monday.
Indonesian health ministry has taken measures to find the source of raw material for pharmaceutical industry in domestic that will reduce the country's high importation of the unprocessed materials, a senior official of the ministry disclosed here on Monday.
A high-level delegation from the European Investment Bank (EIB) will make a three-day official visit to Sri Lanka later this week as the start of a South Asia tour, the European Union (EU) office in Colombo said on Monday.
The EU on Monday approved a $130 billion mega-merger of US agri-chemicals giants Dow Chemical and DuPont, paving the way for major consolidation in a sensitive sector for farmers and the environment.
Zhang Yuzhuo, the chairman of China Shenhua Energy Co, the largest coal mining company in China, has announced that he will resign, according to a filing the company released Monday.
From January to February, the total revenues of China’s State-owned enterprises (SOEs) stood at 7.24 trillion yuan (about $1.02 trillion), up 17.8 percent year-on-year, according to data released by the Ministry of Finance on Monday.
Beijing-based technology and entertainment company LeEco confirmed to the Global Times on Monday that a proposed e-commerce platform with the Russian government that was to sell Russian food to Chinese consumers was terminated as early as September last year, only weeks after media reports about the platform surfaced.