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Hello bike-rental bike sharing Mobike
Posted inUp and Comers

Bike rental firm Hello Global exceeds 300 million users

by Emma Lee Jan 7, 2020Mar 17, 2020

Hello Global, a relative latecomer to the sector, has outrun rivals Mobike and Ofo thanks to its focus on lower-tier cities.

Hello bike-rental bike sharing Mobike
Posted inHeavy Hitters

Ant Group-backed bike-rental app Hello Inc files for US IPO

by Emma Lee Mar 11, 2021Mar 11, 2021

Hello Inc’s filing shows that the sector’s few remaining players now seek sustainable growth after reckless expansion in earlier years.

Posted inNews

Bike-rental startup ofo lands series D+ backed by Alibaba’s Ant Financial

by Sheila Yu Apr 24, 2017Jun 7, 2020

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 […]

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