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Searching for "bicycle sharing"
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Ofo Senior Vice President Nan Nan Resigns
Sohu.com, 6/07/18
Nan Nan, a senior vice president at Beijing-based Bikelock Technology, operator of mobile bicycle-sharing app Ofo, recently announced his resignation from the company. Read More
Ant Financial Invests RMB 1.9 Bln to Increase Stake in Hellobike to 36.7%
Youon, 6/01/18
Changzhou-based public bicycle system operator Youon Public Bicycle System, which, via subsidiary Youon Low Carbon Technology, operates mobile bike share apps Youon and Hellobike, disclosed today that Alibaba Group (NYSE: BABA) financial services affiliate Ant Financial and other investors apart from Youon Public Bicycle have made a capital increase of RMB 2.06 bln in Youon Low Carbon. Read More
Electric Car Maker Sitech Wins USD 9-digit Series A
The Paper, 5/26/18
Gui'an-based electric vehicle maker Sitech recently announced completion of USD 9-digit Series A funding led by CDH Investments with participation by Hongjia Asset Management. Read More
Rumor: Didi Chuxing Acquires Dockless Bike Sharing Service Bluegogo
ChinaTimes, 1/02/18
Chinese mobile taxi booking and car hire service app Didi Chuxing is rumored to have signed an acquisition agreement with Tianjin-based Luding Technology, operator of dockless bicycle-sharing service Blugogo, according to an inside source at Didi Chuxing. Read More
Rumor: Alibaba, Investors Pump Additional USD 1 Bln into Bike Share Service Ofo
Tencent Tech, 12/07/17
Beijing-based Bikelock Technology, operator of mobile bicycle-sharing app Ofo, is reportedly finalizing up to USD 1 bln in new funding, according to social media comments by online analyst Qian Hao. Read More
Ant Financial Joins USD 350 Mln Round in Dockless Bike Share Service Hellobike
Tencent Tech, 12/04/17
Changzhou-based Youon Low Carbon Technology, operator of bike sharing app Hellobike, recently announced completion of USD 350 mln in Series D1 funding from Ant Financial, the financial services affiliate of Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA), Beijing-based electric car maker and new energy travel solutions provider WM Motor Technology, Chengwei Capital, and Tianjin-based bicycle maker Fushida Bicycle (Battle). Read More
NetEase's AI Unit, Electric Car Maker WM Motor Ally on Connected Car
NetEase Auto, 12/01/17
Chinese internet company NetEase's (Nasdaq: NTES) artificial intelligence business unit (NetEase AIBU) and Beijing-based electric car maker and new energy travel solutions provider WM Motor Technology have signed an exclusive strategic partnership agreement to create an "Internet+" modern smart car. Read More
GSR Ventures MD: Didi Express to Add In-car Convenience Store Service
Jiemian, 10/12/17
Zhu Xiaohu (also known as Allen Zhu), managing director of venture capital firm GSR Ventures, recently said that he and Chinese angel investor Wang Gang have invested in a new retail services company that will offer convenience store services to users of Didi Express, the budget private car hire and ridesharing service within the Didi Chuxing app. Read More
Ant Financial Joins RMB 810 Mln Investment in Shared Bike Operator Youon Low Carbon
Youon Public Bicycle System, 9/19/17
Changzhou-based public bicycle sharing service operator Youon Public Bicycle System (603776.SH) recently announced that its wholly-owned dockless bicycle sharing subsidiary Jiangsu-based Youon Low Carbon Technology plans to add eight new investors including Ant Financial subsidiary Yunxin Venture Capital, Shenzhen Capital Group, and Lingji Enterprise Management Center. Read More
Beijing Requires Bike Share Operators to Provide Parking, Cease On-bike Advertising
Caixin.com, 9/15/17
The Beijing Municipal Commission of Transport recently released updated guidelines for shared bicycle services. Read More
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