Hello Inc’s filing shows that the sector’s few remaining players now seek sustainable growth after reckless expansion in earlier years.
Search results
Bike rental firm Hello Global exceeds 300 million users
Hello Global, a relative latecomer to the sector, has outrun rivals Mobike and Ofo thanks to its focus on lower-tier cities.
Bike-rental startup ofo lands series D+ backed by Alibaba’s Ant Financial
The funding spree continues in China’s bike-rental sector. Bike-rental startup ofo announced over the weekend that it raised an undisclosed amount in its Series D+ from Alibaba’s financial arm Ant Financial. Under the deal, ofo cooperate with Ant Financial in the fields of e-payment, credit system and globalization process. The announcement came less than two […]