Hellobike (Yonganxing)

Hellobike, also known as Yonganxing, is a Chinese bike-sharing company that was founded in 2016. The company quickly gained popularity and has since expanded to more than 400 cities in China, with plans to expand globally.

One of the key features of HelloBike is its focus on affordability. The company offers some of the lowest bike rental rates in the industry, making it accessible to a wide range of users. In addition, HelloBike has implemented a number of innovative features to help reduce costs, such as using solar-powered charging stations and incorporating recycled materials into its bikes.

Another unique aspect of HelloBike is its commitment to sustainability. The company's bikes are designed to be eco-friendly, with features such as airless tires and a lightweight frame to reduce energy consumption. HelloBike also promotes a healthy and active lifestyle, encouraging users to cycle instead of using cars or public transportation.

HelloBike's app is also user-friendly and provides real-time information on bike availability, as well as route suggestions and other helpful features. Users can easily locate and unlock bikes using the app and track their usage and other data to help them make informed decisions about their transportation needs.

In addition to its bike-sharing service, Hellobike has also expanded into other areas of transportation, such as electric bikes and scooters. This diversified approach helps to ensure the company's long-term growth and success.

Overall, Hellobike is a leading player in the bike-sharing industry, offering an affordable, sustainable, and user-friendly transportation solution to millions of people around the world. With its innovative approach to bike-sharing and commitment to sustainability, Hellobike is well-positioned to continue its growth and success in the years to come.

Name: Hellobike (Yonganxing)
Founded: 2016
Owned by: Hello, Inc.
Revenue: RMB 3 billion (2019)
Market Cap: USD 6 billion (2021)
Website: www.hellobike.com