Ride a bicycle chant completed 100 million yuan A round of financing by Feng Shui investment partner

January 5th morning news, the sharing platform of Hangzhou bicycle riding Bai Technology Co. Ltd. (hereinafter referred to as "riding Bai technology") officially announced the completion of $100 million A round of financing, the current round of financing by Feng Shui investment partners, muddy investment investment on a party to participate with the cast.

& CEO ride a chant Zhou Hai said, this round of financing will be mainly used for riding a bicycle. The upgrading of products, supply chain carding, team recruitment and national market development.

Feng Rui investment partner Zu Junhua said that there is no pile cycling with a pile of bicycle business model, has aroused widespread concern in the community. Ride a chant of shared technology cycling field layout, coupled with a chant technology in R & D, bike sharing public bicycle operation team, is optimistic about riding a bike.

ride bicycle lock has chant things and kinetic energy power generation technology, through the GPS+ system for single base station +WIFI+ Beidou Positioning for the car to improve the efficiency; GPRS/4G dual mode communication, improve the network stability. At the same time, riding a bicycle tire and chant use explosion-proof chainless shaft drive.

November 4, 2016, riding a bicycle chant to complete the Pre-A round of investment, investors did not disclose.

since 2016, the agency will be turned to the line under the incoming flow of the bike just need to travel. In the case of lack of investment targets, sharing the rapid agglomeration cycling usher in the capital, There’s no telling stand on the air.

 

however, this track has been covered over the "Rider", yesterday announced the v-mobile bicycle D $215 million round of financing. 2017 shared bicycle finance war has opened, other platforms may have announced the latest action.

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