Ant Financial backs $321m round in Hellobike as another Chinese unicorn emerges

Photo: Hellobike website

China’s bike-sharing firm Hellobike has raised RMB2.06 billion ($321 million) in its latest funding round from Alibaba Holding Ltd’s Ant Financial, giving the startup a valuation of $1.47 billion, creating yet another unicorn in China.

Continue reading this story with a subscription to DealStreetAsia.

Subscribe

Contact us for corporate subscriptions at subs@dealstreetasia.com.