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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