China’s Hellobike secures $582 million in fresh funding round

12/30/2018 9:00:00 PM (GMT)

Chinese bike-sharing startup Hellobike has secured about 4 billion yuan ($582 million) in a fresh fundraising round.

The round was led by Primavera Capital and Ant Financial.

To date, Hellobike has bagged a total of $1.8 billion in over 8 funding rounds.

The startup generates $1 million in revenue annually.

Hellobike

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