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EN
Bike thefts put brakes on Mobike in Mexico City
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China Daily > HomePage
MEXICO CITY- Chinese bike-sharing company Mobike entered the Latin American market in Mexico City this year drawn by its millions of potential clients.
Mobike has been working with law enforcement agencies in Mexico City to recover the stolen bicycles, said Rene Ojeda, director of the Mexican arm of the Beijing-based company.
Since it entered the Mexican market in mid-February, Mobike subscriptions have risen by 70 percent per week, he said.
But the Chinese company faces stiff competition in the capital.
Theft is not a problem unique to Mobike in Mexico.
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