About Mobike
Mobike is a company based in Beijing (China) founded in 2015 by Weiwei Hu, Davis Wang, and Yiping Xia was acquired by Meituan in April 2018. Mobike has raised $925 million across 9 funding rounds from investors including Meituan, Tencent and Foxconn Electronics. Mobike operates in a competitive market with competitors including Beryl, Zoov, nextbike, HumanForest and JUMP Bikes, among others.
- Headquarter Beijing, China
- Founders Weiwei Hu, Davis Wang, Yiping Xia
- Stage Unicorn
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Sectors
Transportation, Automotive & Logistics
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Funding Insights of Mobike
Mobike has successfully raised a total of $925M across 9 strategic funding rounds. 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.
Investors in Mobike
Mobike has secured backing from 21 investors, including institutional and venture fund investors. Prominent investors backing the company include Meituan, Tencent and Foxconn Electronics.
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Venture capital investing in technology sectors such as AI and automotive.
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Multiple investment strategies are pursued by this hedge fund.
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Fund of funds focused on pre-seed and seed-stage companies
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Investor details for Mobike
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Investments & Acquisitions by Mobike
Investment portfolio details for Mobike
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Financial Statements - Mobike
Detailed financials for Mobike
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Mobike Comparisons
Peer comparison for Mobike
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Competitors of Mobike
Mobike 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 Beryl, Zoov, nextbike, HumanForest and JUMP Bikes, among others.
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Online platform providing bicycle rental services
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On-demand e-bike sharing is facilitated through a mobile app platform.
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End-to-end solutions for bicycle sharing
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App-based rental platform offering e-bicycle
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Online platform offering electric bicycle sharing system
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Detailed competitors of Mobike
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Latest news on Mobike
Complete news archive for Mobike
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Frequently Asked Questions about Mobike
Mobike was founded in 2015.
Mobike is headquartered in Beijing, China.
Weiwei Hu is the current CEO of Mobike. They have also founded this company.
Mobike is a funded company, having raised a total of $925M across 9 funding rounds to date.
Mobike was founded in 2015 in Beijing, China, within the bike-sharing sector. An app-based platform is operated, allowing users to locate nearby bicycles on a map, unlock them through the mobile application, and ride with GPS tracking. Charges are applied based on distance traveled. Bicycles are then parked at designated public spots, with trip details displayed in the app upon locking.
Mobike's top competitors include nextbike, HumanForest and Beryl.
Mobike has 21 investors. Key investors include Meituan, Tencent, Foxconn Electronics, Ctrip, and TPG.
The valuation of Mobike is $3B as of Jun 2017.