Chinese Premier Li Keqiang meets the press after the conclusion of the second session of the 13th National People's Congress, held at the Great Hall of the People in Beijing on March 15, 2019. Photo: Xinhua

More prudent regulations to come for China’s sharing economy, says Premier Li Keqiang

  • The country’s 3 trillion yuan sharing economy has been hit hard by troubles in the ride-hailing and bike-sharing markets
Topic |   Sharing economy

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Chinese Premier Li Keqiang meets the press after the conclusion of the second session of the 13th National People's Congress, held at the Great Hall of the People in Beijing on March 15, 2019. Photo: Xinhua
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A man rides a tricycle transporting Mobike shared bikes near Wangfujing Street in Beijing on October 15, 2018. Photo: Reuters

Meituan Dianping-owned Mobike to pull out of some Asian countries, evaluate other markets

  • Mobike has laid off staff and contractors in Singapore, Thailand, Malaysia, India and Australia
Topic |   Start-ups

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A man rides a tricycle transporting Mobike shared bikes near Wangfujing Street in Beijing on October 15, 2018. Photo: Reuters
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