Hellobike

Nanjing to Remove Unlicensed Shared Bikes From Streets to Improve Traffic

Nanjing to Remove Unlicensed Shared Bikes From Streets to Improve Traffic

Nanjing will remove unlicensed and improperly-parked shared bikes from streets, with effect from Jan. 15, to ease traffic in the…

Jan 6, 2018
Xu Wei
Hellobike Wraps Up USD153 Million Series-D2 Financing

Hellobike Wraps Up USD153 Million Series-D2 Financing

China’s shared bike brand Hellobike closed its Series-D2 financing of CNY1 billion (USD152.5 million) today, led by Shanghai-based large investment…

Dec 27, 2017
Dou Shicong
Ofo Eyes New Round of Funding Worth USD1 Billion With Alibaba as Likely Investor

Ofo Eyes New Round of Funding Worth USD1 Billion With Alibaba as Likely Investor

Chinese bike-sharing titan Beijing Bikelock Technology Co, often referred to as Ofo, may soon complete a new round of financing,…

Dec 7, 2017
Dou Shicong
[Exclusive] Bicycle-Sharing Group Hellobike Is Preparing for Next Funding Round, Source Says

[Exclusive] Bicycle-Sharing Group Hellobike Is Preparing for Next Funding Round, Source Says

Shanghai Jun Zheng Network Technology Co.’s Hellobike bicycle-sharing service has pooled USD350 million in D1-round financing and is busy preparing…

Dec 7, 2017
Zhao Chenting
Hellobike Completes Series-D1 Round of USD350 Million Invested by Ant Financial, Others

Hellobike Completes Series-D1 Round of USD350 Million Invested by Ant Financial, Others

Hellobike, operated by Shanghai Junzheng Network Technology Co., Ltd., announced completing its series-D1 round of financing, netting up to USD350…

Dec 4, 2017
Xu Wei
Hellobike Partners Alibaba’s Sesame Credit to Offer Deposit-Free Bike Sharing

Hellobike Partners Alibaba’s Sesame Credit to Offer Deposit-Free Bike Sharing

As a number of Chinese bike sharers face cash troubles, Hellobike, run by Shanghai Junzheng Network Technology Co., is teaming…

Dec 2, 2017
Tang Shihua
Southern Chinese City Xiamen Banishes 80,000 Shared Bikes From Streets

Southern Chinese City Xiamen Banishes 80,000 Shared Bikes From Streets

Xiamen, a city in the China’s southern province of Fujian, began clearing out excess shared bicycles at the start of…

Nov 27, 2017
Zhang Xia
Youon Bike Make’s China’s First Bike-Sharing Merger, Buys 100% Stake in Hellobike

Youon Bike Make’s China’s First Bike-Sharing Merger, Buys 100% Stake in Hellobike

Changzhou Youon Public Bicycle System Co.’s [SHA:603776] bike-sharing subsidiary, Jiangsu Youon Bike Low-Carbon Technology Co., has taken a 100-percent stake…

Oct 26, 2017
Liao Shumin
Wuhan Suspends Rollouts of Shared Bikes

Wuhan Suspends Rollouts of Shared Bikes

An oversupply of shared bikes led Wuhan, the capital of China’s central province of Hubei, to suspend rollouts of them yesterday.

Sep 5, 2017
Xu Wei