Temasek Invests in Chinese On-Demand Bike Company

Posted on 02/22/2017


The ride-sharing app wars aren’t just on automobiles, they are fought on bicycles too. Singapore’s Temasek Holdings participated in a US$ 215 million Series D round in Mobike, a Chinese on-demand bicycle company. The investment round was led by Tencent Holdings. Foxconn, Warburg Pincus, Ctrip.com International and Hillhouse Capital also participated in the round. The […]