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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Email
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Phone
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Website
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Social
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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.
- Total Funding Total Funding
- Total Rounds 9
- Last Round Last Round
- First Round First Round
- Investors Count 20
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2017 | Amount | Series E - Mobike | Valuation | LINE |
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| Nov, 2017 | Amount | Series E - Mobike | Valuation | Qualcomm Ventures |
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| Jun, 2017 | Amount | Series E - Mobike | Valuation | Tencent |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investing in technology sectors such as AI and automotive.
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Founded Year | Domain | Location | |
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Multiple investment strategies are pursued by this hedge fund.
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Founded Year | Domain | Location | |
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Fund of funds focused on pre-seed and seed-stage companies
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Mobike
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Mobike
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mobike Comparisons
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. 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 |
Online platform providing bicycle rental services
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| domain | founded_year | HQ Location |
On-demand e-bike sharing is facilitated through a mobile app platform.
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| domain | founded_year | HQ Location |
End-to-end solutions for bicycle sharing
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| domain | founded_year | HQ Location |
App-based rental platform offering e-bicycle
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| domain | founded_year | HQ Location |
Online platform offering electric bicycle sharing system
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Mobike
Frequently Asked Questions about Mobike
When was Mobike founded?
Mobike was founded in 2015.
Where is Mobike located?
Mobike is headquartered in Beijing, China.
Who is the current CEO of Mobike?
Weiwei Hu is the current CEO of Mobike. They have also founded this company.
Is Mobike a funded company?
Mobike is a funded company, having raised a total of $925M across 9 funding rounds to date. The company's 1st funding round was a Series E of $600M, raised on Oct 30, 2015.
What does Mobike do?
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.
Who are the top competitors of Mobike?
Mobike's top competitors include nextbike, HumanForest and Beryl.
Who are Mobike's investors?
Mobike has 21 investors. Key investors include Meituan, Tencent, Foxconn Electronics, Ctrip, and TPG.
What is Mobike's valuation?
The valuation of Mobike is $3B as of Jun 2017.
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