Meituan Bicycle announces price reduction: starting price in Guangzhou reduced to 1.5 yuan/20 minutes

1. Starting price reduced:

   • Weekdays: 1.5 yuan / 20 minutes
   • Holidays: 1.8 yuan / 20 minutes
2. Extension of starting usage time: 1 5 minutes to 20 minutes

Background: Meituan Bicycle’s past pricing adjustments

• December 2019: Mobike (Meituan Bicycle) is priced at 1.5 yuan/30 minutes
• December 14, 2020: Mobike Baidu Bicycle ceased service and changed its name to "Meituan Bicycle"
• April 2021: Meituan Bicycle announced that the starting price during holidays will be adjusted to 1.8 yuan/15 minutes

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