New China’s startup boom pays off


A cycle in the park: A file photo of Mobikes bicycles with snazzy orange wheels. Food delivery giant Meituan has recently agreed to acquire the startup. — AFP

A crazy idea led this former journalist to a US$3bil buyout

IT SEEMED like a nutty idea at the time – and it still does.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , China , startup , Mobike

   

Next In SMEBiz

America’s top stock picker Benjamin sees beauty in chips
A helping hand for local SMEs on their halal journey
Be one of Malaysia’s Growth Champions
SMEs can now seek financing from MFA
Furniture sold online, with a twist
Small business owners receive help to thrive
Supporting the automation dream
Business survival insights from homegrown SMEs
Filling the gap for digital talents
Ultra-rich steered toward new ESG entrepreneurs

Others Also Read