China bike-sharing start-up Bluegogo raises $58m
Chinese bike-sharing start-up Bluegogo has raised a RMB400 million ($58 million) funding round led by domestic GP Black Hole Capital.
Zhineng Xingtong, a Shenzhen-based medical device developer, also participated in the round. The investment values Bluegogo at RMB1 billion, Gang Li, the company’s CEO, told a local press conference....
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