A Chinese bike-sharing startup is launching in the UK after raising $600 million

Jun 19, 2017 · businessinsider.com


Mobike, a Chinese bike-sharing startup, has raised $600 million (£470 million) ahead of an expansion to the UK, according to Reuters.

Mobike raised the latest round from Chinese internet giant Tencent and renowned Silicon Valley tech investment firm Sequoia Capital, as well as a number of other investors.

Total funding in the Beijing-based company now stands at $925 million (£725 million), according to Crunchbase.

Read Complete Article

RT @L_Pbusiness: London is the world capital of tech – watch our short film to discover why https://t.co/iXs2HcnWf3 #LondonIsOpen #BehindEv…

#BehindEveryGreatCity are great women athletes. Good luck to all the rowers taking part in the Boat Race today. https://t.co/7PQWBDjsrj

RT @jancarlyle: Anyone want any help to organise a tech week event? Get in touch here! https://t.co/krBkMhTPTT

'Moving to London, were my wife and I headed for an adventure — or a Morrissey song of bad food and bleak Sundays?' https://t.co/Lp9BuZ3dCN

HP A3 Multifunction Printers for The Next Generation of Manufacturing https://t.co/ZlWJjM17Q8

Tech.London Weekly