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Mobike quitting Asia-Pacific markets: report


Chinese bike-sharing unicorn Mobike is shutting down its Asia-Pacific operations outside of China as the prelude to a wider global retreat, according to reports.


Citing several anonymous sources, TechCrunch reported that Mobike laid off its Asia-Pacific operations team – composed of more than 15 employees – and contractors across its ex-China markets of Australia, India, Malaysia, Singapore, and Thailand.


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