Shared cycling Mobike completed over 600 million US dollars E round of financing, Tencent lead

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Today, the Mobike bike announced the completion of a new round of financing of more than $ 600 million, setting a record for a single pool of individual financing. The current round of financing by Tencent leader, the introduction of new strategic and financial investors, including ICBC International, BOCOM International, Farallon Capital and other heavy investors; TPG, Sequoia China, Gao Ling Capital and many other existing shareholders continue to increase Hold with the vote.

April 2016 Mobike bike in Shanghai put into operation, then quickly extended to Beijing, Guangzhou, Shenzhen, Chengdu, Tianjin, Singapore and other cities. Recently landed in the United Kingdom Manchester and Salford after the two cities in its global layout of the city break through 100, more than 5 million vehicles operating, the daily orders up to more than 25 million registered users more than 100 million, is the world's largest intelligent sharing of bicycles Platform and Internet travel platform.

Mobike cycling co-founder and CEO Wang Xiaofeng said that a new round of financing will help Mobike bike internationalization process, plans to serve the end of the world's 200 cities; in addition Mobike will also join hands with the world's leading Internet of things partners to promote mobile Internet technology advances and Real application; also in the artificial intelligence, intelligent hardware and other areas to accelerate the strategic layout and technological innovation.Shared cycling Mobike completed over 600 million US dollars E round of financing, Tencent lead

Mobike each bicycle are equipped with "Beidou + GPS + GLONASS" multi-mode satellite positioning chip and Internet of things chip, in the industry exclusive to create a global seamless connectivity of the mobile network system, the first time to achieve NB-IoT Internet of things technology Of the real application.

Tencent following C round investment, D round lead to Mobike bike, once again led the Mobike. In addition, the two sides are also at various levels to cooperate, including the first batch of Mobike bike settled in the WeChat "small program", settled in the WeChat wallet "Jiugongge" and so on. Tencent chairman and chief executive officer Ma said that Tencent will continue to open, including WeChat, including the core resources for the Mobike bikes continue to provide growth momentum, help Mobike cycling innovation and business expansion. Analysts believe that Mobque cycling this round of financing will accelerate the industry advantage resources to move closer to the head of the enterprise.

 

Mobycling process

October 30, 2015

Complete A round of financing, the amount of millions of dollars, investors for the pleasure of capital.
August 19, 2016

Complete the B round of financing, the amount of tens of millions of dollars, led by the Panda Capital, happy capital and innovation workshop with the vote.
August 30, 2016

Complete B + round financing, the amount of tens of millions of dollars, investment investment from Xiangfeng leadership, innovation workshop with the vote.
September 30, 2016

Completion of the C round of financing, the amount of more than 100 million US dollars, investors, including high-capital, Sequoia Capital China.
October 13, 2016

Completion of the C round of additional financing, the amount of 55 million US dollars, investors, including high-capital, investment, Tencent, Sequoia Capital China, Qiming Venture Capital and Bertelsmann Asia Investment Fund.
January 4, 2017

To complete the D round of financing, the amount of up to 200 million US dollars, investors, including Tencent, Warburg Pincus, Ctrip, Huazhong Hotel Group, Germany too capital, Sequoia Capital China, Qiming Venture, pleasure capital, Bertelsmann Asia Investment Fund, Panda Capital, Xiangfeng investment, innovation workshop, Hon Hai Group, Yong Bo Capital.
January 23, 2017

Access to Foxconn strategic investment
February 20, 2017

The completion of the E round million dollars financing, investors for the Temasek and high-profit capital.
June 16, 2017

To complete a new round of financing, the amount of more than 600 million US dollars, led by Tencent, the introduction of new strategic and financial investors, including ICBC International, BOCOM International, Farallon Capital and other heavy investors; TPG, Sequoia China Capital and other existing shareholders continue to increase holdings and vote