“Mobike created the first smart-shared bike model in the world and has entered over 100 cities in the world. The patented smart lock developed by Mobike is integrated with GPS and communication modules, which allows users to detect the smart bikes from their terminals. Utilizing new generation IoT technologies, users can position and use the closest bike with their mobile phones whenever and wherever possible.
MoBike’s 5 million bikes go through more than 2.5 million transactions daily, which are in turn analyzed to power its bike operation platform. Mobike brings commute convenience to more people, and sustainable smart solutions to environment-friendly transportation in cities, while generation and collection of data produced from riding activities are ingested into a self-developed AI big data platform (Magic Cube) to generate insights to forecast demands and redistribute availability accordingly.”