Mobike is the world’s first and largest smart bike-sharing company. Its mission is to bring more bikes to more cities, using its innovative technology to make cycling the most convenient and environmentally-friendly transport choice for urban residents. Using specially designed bikes equipped with GPS and proprietary smart-lock technology, Mobike enables users of its smartphone app to find a bike near them, reserve and unlock it, all using their smartphones. After reaching their destination, the user parks the bike by the roadside and locks it, automatically making the bike available to the next rider. The company officially launched its service in Shanghai in April 2016, and in just over a year, has since expanded the service to over 160 cities globally.
By making urban cycling more accessible, popular, and smart, Mobike is delivering scaled sustainable mobility solutions for people and cities around the world. To date, Mobike users have collectively cycled over 5.6 billion kilometers, equivalent to reducing CO2 emissions by more than 1.26 million tons, or taking 350,000 cars off the road for a year, based on calculations by WWF China regarding of Mobike’s first year of operations. In June 2017, Mobike received the WWF’s “Climate Solver Sustainable Urban Mobility Special Award” in recognition of the impact its innovative technology and promotion of sustainable transport.