Platform to Showcase Innovative Startups and Tech NewsPlatform to Showcase Innovative Startups and Tech News
    Facebook Twitter Instagram
    Platform to Showcase Innovative Startups and Tech NewsPlatform to Showcase Innovative Startups and Tech News
    Facebook Twitter YouTube
    • Featured Startups
    • Funding News
    • CEO Interviews
    • Startup Resources
    • Inspiring Stories
    • Submit Startup
      • Pitch VCs
    • More
      • Our Team
      • Advertise
      • Write for us
      • Privacy policy
      • Startup listing
      • Steal The Deal
      • Contact
    Platform to Showcase Innovative Startups and Tech NewsPlatform to Showcase Innovative Startups and Tech News
    Home»News»Chinese Bicycle sharing giant Mobike all set to pedal into Indian Market
    News

    Chinese Bicycle sharing giant Mobike all set to pedal into Indian Market

    Girish ShettiBy Girish ShettiMay 21, 20182 Mins Read
    Facebook Twitter LinkedIn Email
    Share
    Facebook Twitter LinkedIn Email
    Mobike_India
    Chinese Bicycle sharing giant Mobike all set to launch services in India.

    Chinese bicycle sharing Juggernaut Mobike is all set to make foray into the Indian market in matter of few weeks. However, instead of choosing the usual favorite cities like Mumbai, Delhi or Bengaluru, the company has decided to launch its services in Pune city –one of the bustling cities in western states of Maharashtra.

    This is the first major expansion undertaken by Mobike ever since it was acquired by Meituan-Dianping in April this year. The development also marks Chinese companies growing presence in the Indian market, which is one of the fastest growing economies in the world.

    Following the debut in Pune, the Chinese bike-sharing major plans to expand swiftly across 10-12 Indian cities, according to The Economic Times. However, this plan for fast expansion may receive some resistance from Indian commuters as now they have become too used to travelling through modern means like cars, bikes and buses.

    But Mobike’s Indian head Vibhor Jain thinks otherwise. Speaking to Economic Times, he said that the company’s product is so great and offers such great aspirational value that Indian commuters won’t mind changing their traveling habits.

    Meanwhile, speculations are already rife that Ofo, another bicycle sharing giant from Mainland China, may also think of trying out its luck in the Indian market. If the Alibaba backed startup does come to India then it may help in giving a big push to India’s nascent bicycle sharing market.

    However, most industry experts claimed that resilient bicycle sharing market will not pose any major threat to companies like Uber and Ola. It may change the nature of India’s commuting landscape to a certain extent but not a major extent, experts claimed.

    This claim is validated partly by the fact that Didi Chuxing, China’s largest cab hailing company, has so far not felt any heat from Mobike & Ofo’s growth.

    Chinese Bike Sharing Market featured Mobike Mobike india
    Share. Facebook Twitter LinkedIn Email
    Girish Shetti

    Related Posts

    Twitter’s Head of Trust and Safety Ella Irwin Resigns

    June 2, 2023

    Apple may rollout ‘several’ Macs at WWDC Event

    June 1, 2023

    AI is as risky as Nuclear Weapon, top Tech Companies claim  

    May 31, 2023

    Nvidia unveils Slew of AI Products including a new Supercomputer  

    May 30, 2023

    Leave A Reply Cancel Reply

    Popular Post
    • Why is one Airpod louder than the other- reason and fixes Why Is One Airpod Louder Than The Other- Reason And Fixes
    • Is Real Estate Investment Trusts a Good Career Path Is Real Estate Investment Trusts a Good Career Path? [Complete Guide]
    • advertisement examples 16 Creative Product Advertisement Examples & Ad Campaigns You Must See
    • Places that hire at 15 Places that Hire at 15 Years – Top Choices for Teenagers
    • Pestel Analysis PESTEL Analysis – What it Means and its 6 Factors Explained
    Category Posts
    • How The Pandemic Shaped The Future Of Automotive Sales How The Pandemic Shaped The Future Of Automotive Sales
    • how to delete google photos without deleting from iphone How to Delete Google Photos Without Deleting from iPhone
    • can wifi owner see what sites i visit on phone Can Wi-Fi Owner See What Sites I Visit on My Phone?
    • Twitter’s Head of Trust and Safety Ella Irwin Resigns
    • how to stop instagram from saving posts to camera roll How to Stop Instagram from Saving Posts to Camera Roll: Take Control of Your Post-Saving Settings
    Our Partners
    Shopping online for Windows tablet - DHgate
    Platform to Showcase Innovative Startups and Tech News
    Facebook Twitter YouTube
    • Popular Posts
    • Advertise
    • Submit A Startup
    • Privacy policy
    • Disclaimer
    © 2023 Techpluto. Designed by Techpluto.

    Type above and press Enter to search. Press Esc to cancel.

    Catch the latest news from Startup World in your Inbox!
    [email protected]