Bluegogo

Hong Kong, China Founded: 2015 • Age: 11 yrs Acquired By Didi
Bicycles are rented via an app-based sharing platform.
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About Bluegogo

Bluegogo is a company based in Hong Kong (China) founded in 2015 was acquired by Didi in January 2018.. Bluegogo has raised $58.18 million across 1 funding round from investors including Didi and Black Hole Capital Group. Bluegogo operates in a competitive market with competitors including Mobike, nextbike, Ofo, Qeebike and Youon, among others.

  • Headquarter Hong Kong, China
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
Operational Areas
Transportation, Automotive & Logistics → Road Transportation & Transit Systems
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $58.18 M (USD)

    in 1 rounds

  • Latest Funding Round
    $58.18 M (USD), Series A

    Feb 24, 2017

  • Investors
    Didi

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    Didi

    (Jan 03, 2018)

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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
  • Total Rounds 1
  • Last Round Series A — $58.2M
  • First Round

    (24 Feb 2017)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2017 Amount Series A - Bluegogo Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Seed & growth stage tech and offline focused VC firm investing primarily in China
Founded Year Domain Location
An AI-enabled platform is operated for ride-hailing and on-demand services.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Bluegogo

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Bluegogo

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Bluegogo Comparisons

Employees
+
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Competitors of Bluegogo

Bluegogo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Mobike, nextbike, Ofo, Qeebike and Youon, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
App-based rental platform offering bicycles
domain founded_year HQ Location
End-to-end solutions for bicycle sharing
domain founded_year HQ Location
Operates a free-float bicycle rental platform for urban mobility.
domain founded_year HQ Location
Electric bicycles are rented via an online mobile app platform.
domain founded_year HQ Location
App-based bike rentals are facilitated across Chinese cities.
domain founded_year HQ Location
Operates a station-less bicycle sharing platform for convenient urban mobility.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about Bluegogo

When was Bluegogo founded?

Bluegogo was founded in 2015 and raised its 1st funding round 2 years after it was founded.

Where is Bluegogo located?

Bluegogo is headquartered in Hong Kong, China.

Is Bluegogo a funded company?

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 24, 2017.

What does Bluegogo do?

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.

Who are the top competitors of Bluegogo?

Bluegogo's top competitors include nextbike, Mobike and Yonganxing Technology.

Who are Bluegogo's investors?

Bluegogo has 2 investors. Key investors include Didi, and Black Hole Capital Group.

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