The McBike bag was designed by ad agency Tribal Buenos Aires in Argentina, Gizmodo reports.
It debuted in Copenhagen, Denmark, and then in Medellin, Colombia, according to a video ad for the bag.
The container is made out of cardboard and holds a burger, fries and drink.
The sides of the bag come together to form a hook, which can be hung over bike handlebars.
Here's a look at how the bag unfolds:
McDonald's also recently came out with a new bag in Hungary that turns into a tray.
Pulling a strip of paper near the bottom of the bag detaches the tray, which is made from reinforced cardboard.
Here's how that bag, aptly named the BagTray, works: