About Bluegogo
Bluegogo is a Transportation, Automotive & Logistics company based in Hong Kong (China) founded in 2015, and was acquired by Didi in January 2018. Bicycles are rented via an app-based sharing platform. Bluegogo has raised $58.18 million across 1 funding round from investors including Didi and Black Hole Capital Group. The company was acqui-hired. Its focus areas include Consumer, Road Transport Tech, Self Drive Rentals and Bicycles. Its competitors include Mobike, Ofo and Qeebike; 3 of its 3 listed competitors have raised funding.
Company details
Founded in 2015 in Hong Kong, China, by SpeedX, a bicycle manufacturer, Bluegogo operates in the mobility sector as an app-based bicycle sharing service. Available on iOS and Android, the platform enables users to locate nearby stations, unlock bikes with virtual keys, make in-app payments, and track vehicles in real time. Bikes are returned and locked at designated racks after use.
- Headquarters Hong Kong, China
- Stage Acquired
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Website bluegogo.com
- Acquired by Didi (Jan 2018)
Funding Insights of Bluegogo
Bluegogo has successfully raised a total of $58.18M through 1 strategic funding round. The most recent funding activity was a Series A round of $58.18 million completed in February 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $58.18M
- Total Rounds 1
- Last Round Series A — $58.18M
- First Round $58.18M
(Feb 2017)
- Investors Count 1
All 1 funding rounds of Bluegogo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2017 | $58.18M | Series A | – | – |
2 investors in total: 2 institutional.
Investors in Bluegogo
Bluegogo has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Didi and Black Hole Capital Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Seed & growth stage tech and offline focused VC firm investing primarily in China | blackholecap.com | Beijing, China | ||
An AI-enabled platform is operated for ride-hailing and on-demand services. | 2012 | didiglobal.com | Haidian, China |
Investor details for Bluegogo
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Timeline of Bluegogo
3 dated milestones of Bluegogo across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Bluegogo is founded.
- Funding First funding round of $58.2M.
- Exit Acquired by Didi.
Competitors of Bluegogo
Bluegogo has 3 listed competitors in our database, 3 of them funded. They include Mobike, Ofo and Qeebike.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| mobike.com | 2015 | Beijing, China | $925M | App-based rental platform offering bicycles | ||
| ofo.com | 2014 | Beijing, China | $1.87B | Operates a free-float bicycle rental platform for urban mobility. | ||
| qeebike.com | 2016 | Hangzhou, China | $10M | Electric bicycles are rented via an online mobile app platform. |
Detailed competitors of Bluegogo
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Frequently Asked Questions about Bluegogo
Bluegogo was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Bluegogo is headquartered in Hong Kong, China.
Bluegogo is a funded company, having raised a total of $58.18M across 1 funding round to date. The company's 1st funding round was a Series A of $58.18M, raised on Feb 2017.
Founded in 2015 in Hong Kong, China, by SpeedX, a bicycle manufacturer, Bluegogo operates in the mobility sector as an app-based bicycle sharing service. Available on iOS and Android, the platform enables users to locate nearby stations, unlock bikes with virtual keys, make in-app payments, and track vehicles in real time. Bikes are returned and locked at designated racks after use.
Bluegogo has 2 investors. Key investors include Didi, and Black Hole Capital Group.
Yes. Bluegogo was acquired by Didi in January 2018.