Shared bike companies such as Mobike and Ofo have yet to stop expanding. At the end of last month, Mobike’s bicycles were announced to be operational in Berlin, the capital of Germany. This is also the world’s 200th city to provide services for Mobike cyclists, marking that Mobike doubled ahead of schedule to achieve its full-year expansion goals.
With such a rapid pace of expansion, funding is naturally indispensable. Mobike announced today (December 20th) that it has entered into a strategic partnership with Japan's largest mobile social networking service provider, LINE. At the same time, the latter also led the Series A financing of Mobike’s Japanese subsidiary.
Japan's "WeChat" LINE leads Mobike Japan subsidiary: First overseas financing
It is understood that in the coming months, LINE App will add an exclusive entrance to Mobike, and this application has 71 million users in Japan, and its position in Japan is equivalent to our WeChat.
In June this year, Mobike announced its entry into the Japanese market and established Mobike Japan in Fukuoka City on Kyushu Island. Fukuoka, Japan, is the third overseas city in which Mobai marched.
Japanese users can unlock the mobile phone by scanning the two-dimensional code, and then pay by mobile phone. Compared with the highest price of 30 yuan a month in Japan, Mobike bicycles in Japan are expected to cost 100 yen for 30 minutes (approximately RMB 6). The price is for hire.
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