China bike-sharing operator Hellobike raises $350m
Chinese bike-sharing operator Hellobike has raised $350 million in a Series D round of funding from several investors including Alibaba Group’s Ant Financial and Chengwei Capital.
It’s the first funding round for the company following its merger two months ago with Youon Bike, another bike-sharing firm listed on the Shanghai Stock Exchange. Chinese electric vehicle start-up WM...
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