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Hellobike tapped investors at least twice last year, completing a 4 billion yuan ($596 million) round as recently as December, according to Chinese news publication Jiemian.
China's Contemporary Amperex Technology Co Ltd (CATL), Ant Financial Services and Hellobike said on Wednesday they will invest 1 billion yuan ($144.60 million) to establish a electric bicycle ...
China's bike-sharing platform Hellobike announced on Monday the setup of a new robotaxi firm jointly with Ant Group and CATL. The three parties have invested over 3 billion yuan ($417.40 million ...
China's Hellobike, a bike-sharing firm, said on Monday it has raised $350 million in its latest funding round and that investors included Alibaba's Ant Financial.
Chinese bicycle-sharing giant Hellobike plans to expand to Europe, its management said Monday, with its point of entry likely to be Paris. The Shanghai-based firm has submitted a bid in the French ...
HELLOBIKE, the bike-sharing app backed by financial technology behemoth Ant Financial, has entered into several partnerships with high-profile suppliers to make its two-wheelers more appealing to ...
Hellobike users are now also charged between RMB 5 and RMB 50 for parking a bike outside the main operating zone, depending on the city. Why it’s important: In a bid to keep its biking business afloat ...
Hellobike, currently the country’s third-largest bike-sharing app, according to Analysys data, announced this week that it raised “billions of yuan” ($1 = 6.88 yuan) in a new round.
While Hellobike’s mobile penetration recorded a 20 percent month-over-month increase (link in Chinese) in September, Mobike and Ofo barely saw any growth in the same period, according to data ...
Hellobike's existing electric bike service already swaps out 500,000 rechargeable batteries for more than 2 million users a day, they said, adding China now has over 250 million e-bikes.