Singtel inks partnership deal with smart bike sharing company Mobike

Monday 4 December 2017 | 13:40 CET | News
Singtel has signed a memorandum of understanding (MOU) with smart bike-sharing company Mobike. The collaboration covers m-payments, IoT, data analytics and marketing across Asia with the aim of providing enhanced bike-sharing services. This strategic partnership extends across Singtel, Optus and regional associates Airtel, AIS, Globe, and Telkomsel.

Mobike currently has a presence in over 200 cities around the world. Since its launch in Singapore in March 2017, its first market outside of China, Mobike has expanded in the Asia Pacific region, launching in Japan, Thailand, Malaysia, Korea and Australia in recent months. 

Under the terms of their partnership agreement, the Singtel Group and Mobike will work together to explore mobile payments for bike rides. Through the Singtel Open Platform, a group-wide payment gateway, the Group’s mobile customers across Asia will be able to pay for trips using direct carrier billing or the Group’s mobile wallets.

Since Mobike’s launch in 2016, its fleet of 7 million bikes have been equipped with smart IoT locks. The Singtel Group and Mobike also intend to explore new IoT technology, such as eMTC and NB-IoT which is expected to enable the smart bikes to be located more precisely even in areas that are technically challenging for mobile signals such as underground parking spaces. The IoT technology is also expected to help reduce power consumption and extend the battery life of smart locks. 

Mobike’s AI platform currently generates over 30TB of data daily, which is analysed for a wealth of insights. The Singtel Group and Mobike will explore the use of data analytics to improve the distribution of Mobike’s fleet. Additionally, the Group will explore marketing initiatives with Mobike to promote each other’s services, for example the new Mobike Pass which allows users to have unlimited rides with zero deposit.

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