Hellobike, survivor of China's bike-sharing craze, goes electric

Just two years ago, investors were heavily pouring money into China’s dockless bike-sharing startups. Blessed with funding from the world's most valuable fintech company (Ant Financial) through its Series D to F funding rounds, Hellobike provides to its 230 million registered users a range of mobility services, such as shared e-bikes and rented electric scooters. Hellobike first launched in 2016 by deploying shared bikes in smaller cities and towns -- where Ofo and Mobike were largely absent early on -- rather than large urban centers like Beijing and Shanghai.