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Chinese bike-sharing services attract more than 100 million users in the past year

Chinese bike-sharing services attract more than 100 million users in the past year

China’s nascent bike-sharing industry has attracted more than 100 million users just a year after its debut in the country’s tech scene, as startups backed by Tencent and Alibaba touted free rides and carpeted urban sidewalks with millions of bikes.

08/07/2017|11:27:15 PM|SouthChinaMorningPost
XiaoMing Bike closes B round financing

XiaoMing Bike closes B round financing

China’s bike-sharing startup XiaoMing Bike announced that it has received hundreds of millions of yuan in its series B round funding. The company plans to accelerate its strategy of electronic parking lane nationwide to improve user experience.

07/17/2017|5:38:35 PM|ChinaTravelNews
Mobike may bring its orange two-wheelers to US

Mobike may bring its orange two-wheelers to US

Beijing-based Mobike has begun hiring for positions in Washington, which means the bike-sharing firm could be coming to the US soon.

07/11/2017|5:19:58 PM|CNET
Bike-sharing firm Ofo raises $700 million in E round, backed by Alibaba

Bike-sharing firm Ofo raises $700 million in E round, backed by Alibaba

China's bike-sharing platform Ofo announced that it has received more than USD 700 million in its series E round funding. The round had Alibaba, Hony Capital and CITIC as the lead investors and also involved Didi Chuxing and DST.

07/06/2017|6:11:42 PM|ChinaTravelNews
Ctrip sort of arrives in Manchester

Ctrip sort of arrives in Manchester

A Chinese start-up Mobike in which Ctrip has a stake is making its first move outside Asia, choosing Manchester and Salford in the UK to start its plans for Europe.

06/13/2017|10:15:18 AM|Tnooz
Business travel startup Upside raising 100 million dollars in new funding

Business travel startup Upside raising 100 million dollars in new funding

Upside, a business travel startup founded by Priceline.com founder Jay Walker, is raising USD 100 million in new funding. Upside raised USD 50 million in prior rounds this year. Travelers get gift cards when they buy travel packages from Upside, and companies save money on their travel spend.

06/12/2017|4:03:29 PM|Skift
Guesty raises $3 million to be a Salesforce for property managers

Guesty raises $3 million to be a Salesforce for property managers

Guesty just raised $3 million, building tech to help property managers optimize their listings.

05/10/2017|8:23:27 PM|TechCrunch
TravelersBox gears up for its foray into China

TravelersBox gears up for its foray into China

TravelersBox operates kiosks at airports that allow travelers to convert their leftover foreign currency into digital money. The company hopes the Chinese travelers, too, will like the idea.

05/04/2017|10:31:49 AM|ChinaTravelNews
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