Two wheel Uber?: Mobike allows users to find, ride and pay for company bicycles scattered throughout 21 Chinese cities.
BEIJING: Chinese bicycle-sharing startup Mobike said on Monday it has raised funding in a new round led by Singapore state investor Temasek Holdings and hedge fund Hillhouse Capital, bringing its total new funding in 2017 to more than US$300mil (RM1.37bil).
The Shanghai-founded startup said last month it raised US$215mil (RM958mil) from a range of investors including Tencent Holdings Ltd, Warburg Pincus LLC and Chinese travel firm Ctrip.com International Ltd.
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