Mobike

Mobike is a Chinese fully station-less bicycle-sharing system. It develops a mobile apps for users to find and use bicycles to travel anywhere.

Mobike raised $600 million in Series E funding led by Tencent, bringing the firm's fund raising in 2017 alone to nearly US$1 billion in June 2017. It became worth US$3 billion in the same month.

Chinese web company Meituan-Dianping acquired Mobike for US$2.7 billion in April 2018. Davis Wang Xiao Feng, Hu Wei Wei, and Xia Yi Ping founded Mobike on January 27, 2015, with its headquarters in Beijing in China.

Founders: Davis Wang, Weiwei Hu, Yiping Xia

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