Hellobike

Shenzhen Says 'No' to Shared Bike Chaos, Orders Hellobike to Remove Illegal Fleet

Shenzhen Says 'No' to Shared Bike Chaos, Orders Hellobike to Remove Illegal Fleet

Southern China's metropolis Shenzhen has woken up to the sight of hordes of out-of-whack shared bicycles blocking the streets,…

Aug 22, 2018
Liao Shumin
Beijingers Miss Out on Deposit-Free Bike Sharing; Firms Don't Expect Revolt

Beijingers Miss Out on Deposit-Free Bike Sharing; Firms Don't Expect Revolt

China’s top bike sharers Mobike, Ofo and Hellobike have all recently adjusted their deposit-free riding policies, but left one city in the dark: Beijing.

Jun 15, 2018
Liao Shumin
Mobike Adds 100 Cities to List of Deposit-Free Riding Zones

Mobike Adds 100 Cities to List of Deposit-Free Riding Zones

Beijing Mobike Technology, one of the world’s biggest cycle sharers, has unveiled plans to unconditionally offer deposit-free riding across 100 more Chinese cities.

Jun 11, 2018
Xu Wei
Hellobike Raises USD321 Million in New Funding Led by Ant Financial’s Unit

Hellobike Raises USD321 Million in New Funding Led by Ant Financial’s Unit

Jiangsu Youon Bike Low Carbon Technology, the operator of China’s third-largest bike-sharing service provider Hellobike, raised CNY2.06 billion (USD321 million)…

Jun 1, 2018
Liao Shumin
Didi’s Bike-Sharing Plans Hit Uphill Struggle in Shenzhen

Didi’s Bike-Sharing Plans Hit Uphill Struggle in Shenzhen

Didi Chuxing Technology Co., the world’s largest ride-hailing company which is currently trying to crack the bike-sharing sector, has encountered…

Mar 19, 2018
Liao Shumin
Hellobike Offers High Credit Scorers Deposit-Free Rides Across China

Hellobike Offers High Credit Scorers Deposit-Free Rides Across China

Cycle-sharing platform Hellobike, run by Shanghai Junzheng Network Technology Co., will become the first company of its kind to offer deposit-free rides across China for users with high credit scores.

Mar 14, 2018
Liao Shumin
Hellobike, Fosun Unit Partner to Promote Smart Bike-Sharing in Scenic Areas

Hellobike, Fosun Unit Partner to Promote Smart Bike-Sharing in Scenic Areas

Hellobike, Shanghai Junzheng Network Technology Co.’s bike-sharing brand, signed a cooperation agreement with Shanghai Fosun Albion Tourism Development Co. They…

Jan 26, 2018
Xu Wei
Alibaba to Splurge Another USD1 Billion in Chinese Bike-Sharing Sector, Report Says

Alibaba to Splurge Another USD1 Billion in Chinese Bike-Sharing Sector, Report Says

Hellobike, one of the bike-sharing operators backed by e-commerce stalwart Alibaba Group Holding Ltd., is reportedly about to close a…

Jan 23, 2018
Tang Shihua
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