Vodafone in IoT connectivity deal with Mobike

Vodafone in IoT connectivity deal with Mobike

Vodafone IoT connectivity will support features of the Mobike service, the first operations outside of China, including GPS navigation to locate and book an available bike, and the QR code based locking system. The GPS system is powered by a solar panel which removes the need for manual charging.

Customers can park Mobikes in any authorized location in a city instead returning bikes to dedicated racks in most popular schemes.

"Vodafone's market leading IoT platform is helping to power successful sharing economy players around the world", said Ivo Rook, Vodafone's head of IoT unit. "Mobike has been hugely successful in its home market and we look forward to seeing how our suite of IoT services will be able to help to support its global expansion strategy".

During his ongoing trip to China, Apple chief executive Tim Cook paid a visit to $1billion bike-sharing company Ofo's headquarters in Beijing, reports Reuters. The Baicycle project uses Gates's own Carbon Drive belt and is financially supported by Mi, a large consumer electronics company whose identity is unclear.

Mobike launched in April 2016 and now operates in 33 cities.

Shanghai-based Mobike, which has raised more than $300 million so far this year from investors including Tencent Holdings (0700.HK), Warburg Pincus, and Singapore state investor Temasek Holdings, said on Tuesday it was fully launching in Singapore. It has more than one million bikes in operation, and has completed over 200 million journeys. Singapore is Mobike's first market outside of China, and the company will work with regulators in the city-state to promote smart bike-sharing.