What's going on with Moby's new company? Moby's team is going to do something again! Recently, Liu Yu and Hu Weiwei, former members of Mobai, set up a new company called Cory technology. Shanghai Kaorui Technology Development Co., Ltd. was established on May 9, 2019, and its legal representative is Liu Yu, the former CEO of Moby bike. It is reported that this is the first time that Liu Yu and Hu Weiwei have "fit together" after leaving Moby bike.
The company has a registered capital of US $10 million, and its main business scope includes: technology development, technical consultation, technical service, self owned technology transfer, computer software development, industrial product design, computer system integration, etc.
In January 2015, Hu Weiwei founded Beijing Mobai Technology Co., Ltd. and officially launched Mobai bicycle on April 22, 2016. On December 23, 2018, Hu Weiwei resigned as CEO of mobike for personal reasons. He joined wkup bicycle as a director on December 29 of the same year. On May 13, 2019, Hu Weiwei joined Shanghai corui Technology Development Co., Ltd. as a supervisor.