Meituan Bike (formerly Mobike) is a is a fully station-less bicycle-sharing system headquartered in Beijing, China. In April 2018, it was acquired by a Chinese web company Meituan-Dianping for USD2.7 billion. COVID-19 has had a direct impact on ridership in the light of stay-at-home orders; however, usage grew exponentially as cities began to reopen, with Meituan reporting an 86% increase in the first week of March compared to the two previous weeks.
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Euromonitor International's report on Meituan Bike delivers a detailed strategic analysis of the company's business, examining its performance in the Mobility market and the global economy. Company and market share data provide a detailed look at the financial position of Meituan Bike, while in-depth qualitative analysis will help you understand the brand strategy and growth prospects of Meituan Bike.
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