
2. OFO
Founded in 2014, ofo is the world’s first bicycle-sharing platform. ofo first began
its shared bicycle business in Peking University, then extended its service from
campus to urban areas. Now it has 200 million users, its business covers 180 cities
in 17 countries, including: China, Singapore, UK (London, Oxford, Cambridge),
US (Seattle, Washington, Worcester), Kazakhstan (Astana), Malaysia (Malacca),
Thailand (Bangkok, Phuket), Austria (Vienna), Japan (Tokyo, Osaka), Russia
(Moscow), the Czech Republic (Prague), Italy (Milan), the Netherlands (Groningen,
Rotterdam), Australia (Adelaide), Spain (Madrid), Portugal (Lisbon), Israel (Tel
Aviv).
1. MOBIKE
Mobike, founded and owned by Beijing Mobike Technology Co., Ltd., is a fully
station-less bicycle-sharing system headquartered in Beijing, China. It is the world's
largest bicycle operator, and in December 2016, made Shanghai the world's
largest bike-share city.
In June 2017, Mobike raised $600 million in Series E funding led by Tencent,
bringing the firm's fund raising in 2017 alone to nearly US$1 billion. In the same
month, the company was valued at US$3 billion.
Currently Mobike operates in over 160 cities in China and in 6 markets outside
of China, which include but are not limited to Beijing, Shanghai, Guangzhou,
Shenzhen, Chengdu, Ningbo, Xiamen, Foshan, Zhuhai, Changsha, Hefei, Shantou,
Haikou, Deyang, Nanning, Guiyang, Xi'an, Wenzhou, Wuhan and Singapore, UK,
Italy, Japan, Malaysia, USA.
PROPOSED PARTNER LIST:
Shared bicycle is very popular today. With NB-IoT embedded, you can easily use your
phone to find an available bike nearby, pick it up, get where you're going, and leave
it there for the next person. No docking stations, no walking the rest of the way.
By using shared bicycle, people don't have to take car for short distance trips. It helps
reduce the carbon emission, reduce the traffic, and save gasoline.
NB-IoT is used to provide connectivity between the bike lock and the application
server, so that the lock can synchronize with the server various information such as
the lock states, the bike’s geography location and the password.
Compared to GSM technology which was the previous technology used for shared
bicycle, NB-IoT has outstanding performance advantages in terms of coverage,
capacity and power consumption. With NB-IoT, one battery can keep a bicycle
connected for 2-3 years and there is no need for any external power supply facilities.
Internet shared bicycle
SOLUTION INTRODUCTION:
BUSINESS MODEL:
The business model for share bicycle is very simple. The mobile operator provides SIM
cards to the service provider. The service provider pays the mobile operator for the
NB-IoT connectivity, and offers ride services to consumers. Consumers pay the service
provider for each ride.
Shared bicycle business model is easy to replicate, however it is suggested that
mobile operator can help the bike sharing service provider to contact local
government / public authorities to get their support.
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B2BB - Internet shared bicycleB2BB - Internet shared bicycle