Meituan Bike

China
Caoxi, Jiangxi, China

Company profile

Meituan Bike company profile

Meituan Bike (formerly Mobike) is a Chinese fully station-less bicycle-sharing system. It develops mobile apps for users to find and use bicycles to travel anywhere. Davis Wang Xiao Feng, Hu Wei Wei, and Xia Yi Ping founded Mobike on January 27, 2015, with its headquarters in Beijing, China. Mobike raised $600 million in Series E funding led by Tencent, bringing the firm's fundraising in 2017 alone to nearly US$1 billion in June 2017. It became worth US$3 billion in the same month. Chinese web company Meituan-Dianping acquired Mobike for US$2.7 billion in April 2018. Parent company Meituan-Dianping announced name change from Mobike to Meituan Bike on January 23, 2019 as part of an ongoing integration.

Business identity

Contact email
[email protected]
Phone number
1(150)534-49
Operating status
Closed
Company type
For Profit
Employee range
1,001-5,000 employees
Revenue range
$500,000+
Founded
2015-01-27

Headquarters

Country code
CN
Continent
Asia

Capital profile

Funding and company signals

Funding stage
M And A
Funding rounds
9
Total equity funding
$828M
Last funding
Series E / 2018-08-30
Last equity funding
Series E
Investors
22
Lead investors
9
Founders
4
Articles
147
Exited on
2018-04-04

Founders and investors

Founders

Davis WangRyan ZhangWeiwei HuYiping Xia

Lead investors

Foxconn Technology GroupHillhouse InvestmentJoy CapitalLinePanda CapitalTemasek HoldingsTencentVertex Ventures ChinaWarburg Pincus

Investors

Hillhouse InvestmentHSGQiming Venture PartnersTemasek HoldingsTPG