# Shanghai Hello Puhui Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shanghai-hello-puhui-technology

- Industry: Transportation Services
- Headquarters: Shanghai, China
- Website: www.hellobike.com
- Total disclosed funding: $1.5B
- Latest round: Series G (Dec 28, 2018)
- Investors on record: 7

## About

Established in 2016, and based in China, Jiangsu Yonganxing Ditan Technology Co., Ltd./Shanghai Junzheng Network Technology Co., Ltd is a result of the merger between Jiangsu Yongan Ditan Technology Co., Ltd. which operates 'Youon Bike', a mobile application for bicycle-sharing services. The application allows users to access and check their personal ride records, rent bicycles and check bicycle availability at the rental points, Shanghai Junzheng Network Technology Co., Ltd which develops Hellobike, a bike-sharing mobile application. In 2020, Shanghai Junzheng Network Technology Co., Ltd has provided bikes and its services to  more than 400 cities in China with 24 billion kilometers total travel distance by its user. Moreover, it providing carpooling has covered more than 300 cities in China, and certified car owners are more than 10 million. From 2015 to 2021, the company has served more than 500 million users.

Shanghai Junzheng Network Technology Co., Ltd provides ride hailing and various booking. The two wheel travel includes Hello bike, Hello moped bike, Hello electric bike, and Xiaoha battery swap. The four wheel vehicle ride hailing service includes Hello ride-hailing and Hello taxi. Local life service includes Hello hotel and in store group purchase. 

The company plans to develop motorcycle ride hailing service. It expects that more than 8 million motorcycles will be launched in market in 2025.

## Funding rounds

- Series G, Dec 28, 2018, $624M — Primavera Capital Group, Ant Group Co., Ltd.
- Series E, Apr 13, 2018, $700M — Fosun International, Ant Group Co., Ltd., WM Motor
- Series D, Dec 27, 2017, $156M — Chengwei Capital, Fosun International, Ant Group Co., Ltd., WM Motor, FUJITEC CO., LTD., Jiyuan Capital

## Investors

- Chengwei Capital (https://capitalatlas.ai/funds/chengwei-capital) — Series D
- Fosun International (https://capitalatlas.ai/funds/fosun-international) — Series D, Series E
- Ant Group Co., Ltd. — Series D, Series E, Series G
- WM Motor — Series D, Series E
- FUJITEC CO., LTD. — Series D
- Jiyuan Capital (https://capitalatlas.ai/funds/jiyuan-capital) — Series D
- Primavera Capital Group (https://capitalatlas.ai/funds/primavera-capital-group) — Series G