Meituan Bike

Meituan Bike

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Organization

Contact Information

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

Industries

Apps, Transportation, Customer Service, Ride Sharing, Cycling, Last Mile Transportation

Founded

2015

Employees

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.

Employees

imagePlace Yiping Xia

Yiping Xia

Co-Founder

imagePlace Weiwei Hu

Weiwei Hu

Co-Founder and CEO

imagePlace Davis Wang

Davis Wang

Co-Founder

imagePlace Davis Wong

Davis Wong

Representative

imagePlace Michael Zhu

Michael Zhu

Vice President, Head of HW Product BU

Funding Rounds

Funding rounds

11

Investors

5

Lead Investors

0

Total Funding Amount

$828.0M

Details

8

Meituan Bike has raised a total of $828.0M in funding over 8 rounds.

Announcement dateTransaction nameNumber of InvestorsMoney raisedLead Investor
2017Private Equity
2017Late Stage Venture215.0M
2016Late Stage Venture
2016Early Stage Venture10.0M

Investors

Meituan Bike is funded by 48 investors.

Investor NameLead InvestorFunding RoundPartners
Choon Chong TAY-FUNDING ROUND - Choon Chong TAY10.0M
Meituan Bike-FUNDING ROUND - Meituan Bike10.0M
Meituan Bike-FUNDING ROUND - Meituan Bike10.0M
Innovation Works-FUNDING ROUND - Innovation Works10.0M

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