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Overview
Meituan Bike (formerly Mobike) is a Chinese fully station-less bicycle-sharing system. It develops mobile apps for users to find and use bicycles to travel anywhere.
Davis Wang Xiao Feng, Hu Wei Wei, and Xia Yi Ping founded Mobike on January 27, 2015, with its headquarters in Beijing, China. Mobike raised $600 million in Series E funding led by Tencent, bringing the firm's fundraising 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. Parent company Meituan-Dianping announced name change from Mobike to Meituan Bike on January 23, 2019 as part of an ongoing integration.
About
Apps, Transportation, Customer Service, Ride Sharing, Cycling, Last Mile Transportation
2015
1001-5000
Headquarters locations
Asia
Social
N/A
Profile Resume
Meituan Bike headquartered in Asia, operates in the Apps, Transportation, Customer Service, Ride Sharing, Cycling, Last Mile Transportation sector. The company focuses on Apps and has secured $218.6B in funding across 264 round(s). With a team of 1001-5000 employees, Meituan Bike is actively contributing to advancements in Apps. Their latest funding round, Series B - Meituan Bike, raised $10.0M. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
11
5
0
$828.0M
Details
8
Meituan Bike has raised a total of $828.0M in funding over 8 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2017 | Private Equity | |||
2017 | Late Stage Venture | 215.0M | ||
2016 | Late Stage Venture | |||
2016 | Early Stage Venture | 10.0M |
Investors
Meituan Bike is funded by 48 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
Choon Chong TAY | - | FUNDING ROUND - Choon Chong TAY | 10.0M |
Meituan Bike | - | FUNDING ROUND - Meituan Bike | 10.0M |
Meituan Bike | - | FUNDING ROUND - Meituan Bike | 10.0M |
Innovation Works | - | FUNDING ROUND - Innovation Works | 10.0M |
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