Mobike takes on Japan

Source: Xinhua | 2017-06-23

Mobike has set up a subsidiary in Fukuoka city in south Japan and plans to begin services later this year, the Chinese bicycle-sharing startup said yesterday. 

The move into one of Japan’s largest cities marks the latest overseas venture for the firm, which has already launched services in Singapore and the UK. The company has operations in around 100 Chinese cities and has raised more than US$900 million since October.