BEIJING (PingWest) - Chinese bike-sharing firms increased their rental rates one after another since April 2019. Hellobike lately increased its rental rate from RMB 2 per hour to RMB 1per 15 minutes, indicating that it would be RMB 4 per hour, double that weeks ago before price change.
Additionally, Bluegogo increased its rental rate from RMB 1 for the first hour to RMB 1 for the first 15 minutes, and RMB 0.5 per extra 15 minutes, starting from March 21.
Moreover, Mobike increased to the same rate that of Bluegogo from RMB 1 for every 30 minutes. Mobike’s new rental rate took effect on April 8.