World s Largest Smart Bike-Share Platform Rides into Charlotte for the Holidays Dec 21, 2017 HOW MOBIKE WORKS

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World s Largest Smart Bike-Share Platform Rides into Charlotte for the Holidays Bikes to be placed in key downtown locations following the city s approval CHARLOTTE, NC, Dec 21, 2017 Mobike, the

1 World s Largest Smart Bike-Share Platform Rides into Charlotte for the Holidays Bikes to be placed in key downtown locations following the city s approval CHARLOTTE, NC, Dec 21, 2017 Mobike, the world s first and largest smart-bikeshare platform is soft launching in Charlotte this week just in time for the holidays. A limited number of bikes will be placed in key downtown locations as early as Friday, and Mobike hopes to grow the fleet in coordination with city officials. Charlotte is Mobike s second city in the United States, joining more than 200 Mobike cities in twelve countries around the world. Using custom designed bikes equipped with GPS and proprietary smart-lock technology, Mobike enables users of its smartphone app to find a bike near them, reserve and unlock it, all using their smartphones. After reaching their destination within Charlotte city limits, users manually lock the bike, which automatically makes the bike available to the next rider. Charlotte is a leader in technology and smart city infrastructure, so it s only natural that dockless bike sharing would thrive here said Jason Wong, U.S. General Manager for Mobike. We are excited to work with the community as we strive to make cycling the most convenient, affordable, and environmentally friendly transportation option for residents and tourists alike. Just this month Mobike was honored as a "Champion of the Earth" by the UN. The Champions of the Earth award is the UN s highest environmental honor; it celebrates outstanding figures from the public and private sectors whose actions have had a transformative, positive impact on the environment. The award is in recognition of the company s transformative contribution to the advancement of low carbon public transport, and was presented to Mobike Founder and President Ms. Hu Weiwei at a special ceremony during the Third Annual UN Environment Assembly held in Nairobi, Kenya. ### HOW MOBIKE WORKS Mobike is a re-imagination and delivery of the ultimate urban bicycle with innovations such as non-puncture airless tires, a lightweight aluminum anti-rust frame, an enhanced and durable disk-brakes and an auto-inspired five-spoke wheel. These functional design elements result in a

nearly maintenance-free bike. Each bicycle is connected to the Mobike network through GPS-embedded smart locks; forming one of the largest Internet of Things (IoT) networks on the globe.

2 nearly maintenance-free bike. Each bicycle is connected to the Mobike network through GPS-embedded smart locks; forming one of the largest Internet of Things (IoT) networks on the globe. To use the service, users simply need to download the Mobike app, register, and scan the QR code on the bike. With Mobike s proprietary smart-lock technology, scanning the QR code instantly unlocks the bike and allows the user to ride it away. To complete their ride, users need only to park the bike anywhere regular bike parking is allowed near their destination and manually close the lock on the bike. The Mobike mobile app is now available for download at the Android store and Apple app store. ABOUT MOBIKE Mobike is the world s first and largest smart bike-sharing company. Its mission is to bring more bikes to more cities, using its innovative technology to make cycling the most convenient and environmentally-friendly transport choice for urban residents. The company officially launched its service in Shanghai in April 2016, and in just under two years, has since expanded the service to over 200 cities in 12 countries globally. By making urban cycling more accessible, popular, and smart, Mobike is delivering scaled sustainable mobility solutions for people and cities around the world. To date, Mobike users have collectively cycled over 18.2 billion kilometers, equivalent to reducing CO2 emissions by more than 4.4 million tons, or taking 1.24 million cars off the road for a year, based on calculations by WWF China regarding of Mobike s first year of operations. In December 2017, Mobike was named among the 2017 Champions of the Earth by the United Nations Environment Programme (UNEP), in recognition of its transformative contribution to the advancement of low carbon public transport. For more information visit: mobike.com Press contact: Mobike: Jaime Moore jaime@greenbrier.partners (970)

INSIGHTS ON HOW BIKESHARING SUPPORTS URBAN DEVELOPMENT

INSIGHTS ON HOW BIKESHARING SUPPORTS URBAN DEVELOPMENT INTRODUCTION Recent advances in mobile technology and big data analysis have enabled new opportunities to rethink how people live in and move through