Mobike today announced that it has raised over US$600 million in Series E, the largest ever financing round in the bike-rental industry. This landmark round, putting the company at a valuation of between US$2 billion and US$3 billion (in Chinese), was led by existing investor Tencent and joined by Sequoia China, TPG, and Hillhouse Capital, among […]
Author Archives: Sheila Yu
Sheila Yu is a Shanghai-based technology writer. She brings readers the biggest news from Chinese language tech media. Reach her at sheila@technode.com.
