HelloBike offers a bike-sharing company. The company provides smart locks and global positioning system (GPS) functions enabled bikes. It allows users to locate the nearest available bike. It was founded in 2016 and is based in Minhang, China. In 2017, HelloBike was acquired by Youon Bike.
Research containing HelloBike
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned HelloBike in 5 CB Insights research briefs, most recently on Feb 9, 2022.
Expert Collections containing HelloBike
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
HelloBike is included in 4 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
Bike & Scooter Tech
We define bike and scooter technology startups as companies working on shared vehicle networks, vehicle design, and charging infrastructure for bicycles, scooters, mopeds, and other compact vehicles for one to two passengers.
Companies developing solutions to streamline the way people move themselves. Includes companies providing on-demand access to passenger vehicles and micromobility solutions as well as companies integrating multiple modes of transport, including public transit, into one service.
Latest HelloBike News
Jun 23, 2023
(Yicai Global) June 1 -- Jiangsu Youon Bike Low Carbon Technology, the operator of China's third-largest bike-sharing service provider Hellobike, raised CNY2.06 billion (USD321 million) from a number of investors led by Shanghai Yunxin Venture Capital, a wholly-owned subsidiary of Ant Financial Services Group. Shenzhen Capital Group also partook in this round of funding, which gives the firm an estimated valuation of nearly USD1.5 billion, the parent company Youon Technology said in a statement. Jiangsu Youon Bike Low-Carbon also signed an agreement with Shanghai Yunxin and a Ningbo-based investment management partnership on May 30 to transfer part of Ningbo-based firm's stake in Youon Bike to Shanghai Yunxin for nearly CNY21 million. Upon completion of the share transfer and capital increase, Shanghai Yunxin's shareholding in the firm will increase to about 37 percent from the previous 5 percent as the largest shareholder. Youon Technology gave up its right of first refusal for capital increase and share transfer, and its shareholding ratio will fall to 8.8 percent from 10.2 percent. The Ningbo-based firm's shareholding will drop to 5 percent from 6 percent. Shanghai Yunxin is also a shareholder of Youon Technology, holding 8.33 percent of its stake. Editor: Mevlut Katik
HelloBike Frequently Asked Questions (FAQ)
When was HelloBike founded?
HelloBike was founded in 2016.
Where is HelloBike's headquarters?
HelloBike's headquarters is located at 1st Floor, Building 3, Xizi International Center, Minhang.
What is HelloBike's latest funding round?
HelloBike's latest funding round is Corporate Minority - III.
How much did HelloBike raise?
HelloBike raised a total of $2.701B.
Who are the investors of HelloBike?
Investors of HelloBike include Ant Group, Alibaba Group, Contemporary Amperex Technology, Primavera Capital Group, Shenzhen Capital Group and 12 more.
Who are HelloBike's competitors?
Competitors of HelloBike include dott, Wheels, Lime, Jump Bikes, Skip Scooters and 7 more.
Compare HelloBike to Competitors
Ofo operates as a dockless bike-sharing platform. It helps users to scan a code from their smartphones to unlock parked bikes and enter their destination and pay via the messaging applications. It was founded in 2014 and is based in Beijing, China.
Lime operates as a shared electric vehicle company. It provides short-term rentals of electric bikes and scooters. The company offers various programs such as lime access, lime hero, lime assist, and more. It was formerly known as LimeBike. The company was founded in 2017 and is based in San Francisco, California.
Skip Scooters ceased operation. Skip Scooters provides dockless electric scooter rental services. The company enables riders to access reliable scooter transportation coupled with safety education and training. It was formerly known as Waybots. It was founded in 2017 and is based in San Francisco, California.
dott provider sustainable micro-mobility services. It offers green mobility solutions to cities and citizens via dockless shared eScooters and eBikes. The company was founded in 2018 and is based in Amsterdam, Netherlands.
Qibei Tech allows users to rent a bike by simply scanning QR codes via its mobile app, and close the lock to return. The mobile app also shows the nearest bike available for rent.
oBike is a Singapore-based mobile app that allows users to rent bikes for short distance commutes.