Mobike nears completion of management buyout in Europe: Report

Mobike nears completion of management buyout in Europe: Report

Ofo Inc. and Beijing Mobike Technology Co. bicycles sit parked on a sidewalk outside a subway station in Shanghai, China, on Thursday, Sept. 12, 2017. Photographer: Qilai Shen/Bloomberg

The management of dockless bike-sharing company Mobike‘s European unit is in the final stages of buying it out from its owner Meituan Dianping, according to a report by The Telegraph.

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