Mobike is still charged according to the half-hour billing rule for less than half an hour. The classic model Mobike charges one yuan for half an hour, and the Monike Lite model charges 50 cents for half an hour. On July 5, 2018, Mobike officially stated that it would implement a nationwide deposit exemption, and old users can also refund the deposits they paid previously. This move is also to strengthen the competitiveness in the field of shared bicycles.
The founder of Mobike is Hu Weiwei, who is considered one of the first "pioneers" in the field of dockless bicycles.
As one of the first companies to enter the exclusive bicycle market, Mobike holds more than 200 authorized patents and has submitted more than 450 patent applications. It has accumulated a certain amount of technical strength.
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