Benefit news，February 20, 2017，Intelligent bike sharing platform Mobike announced that it has received new financing after Series D，Newly introduced equity 188bet game from Singapore 188bet game company Temasek，At the same time，Hillhouse Capital, which previously led Mobike’s Series C 188bet game, made additional 188bet game。

It is reported，Since early January this year，188bet game cumulative financing amount has exceeded US0 million。

188bet game co-founder and CEO Wang Xiaofeng said: "188bet game has developed rapidly in the past year，Bringing smart bike sharing services to tens of millions of users in 21 cities in 10 months，The cumulative number of rides exceeds 200 million，A total reduction of hundreds of thousands of tons of carbon dioxide emissions。Grown into a well-deserved leader in the global shared bicycle industry from multiple dimensions。”

“Mobike’s vision and efforts to ‘bring bicycles back to cities’ have been recognized and strongly supported by investors and strategic partners，The D round of financing started in early January this year was very successful，Making Mobike the most well-funded company in the industry，At the same time, it continues to attract top international strategic investors like Temasek to join，Continuously deepen long-term strategic alliances with partners such as Hillhouse Capital。Mobike will continue to accelerate its development，Continue to increase research and development、188bet game in production and talent recruitment，will also take steps towards internationalization，Bringing Mobike’s innovative model to the world。”

September 2016，Hillhouse Capital and Warburg Pincus jointly led Mobike’s Series C financing；In Mobike’s D-1 round of financing announced on January 4, 2017，Hillhouse follows the 188bet game，And made additional investments recently。

Zhang Lei, founder and CEO of Hillhouse Capital, said，“Being an ultra-long-term partner of an enterprise is Hillhouse’s core 188bet game philosophy。Mobike can deeply grasp the industry development rules and target user needs，Strive to innovate products and services， We are optimistic about Mobike’s long-term global development。Hillhouse understands that enterprise development is inseparable from the execution of its international strategy，Willing to leverage its global network and experience，Assist Mobai to go abroad，Export China’s innovation model。”

Director of China Renaissance、Zhou Liang, head of private equity financing, said: “As a pioneer in the intelligent shared bicycle industry，Mobike’s vision、Innovative ability、The investors who came into contact with it were impressed by its rapid response capabilities and its potential to deal with global urban problems。China Renaissance serves as Mobike’s exclusive financial advisor，Will still be in a relatively long-term service in the future，Continuously help companies connect with 188bet game institutions with strategic resources and strategic positions，and win its support。”

As of February 20, 2017，188bet game has entered 20 cities

January 23 this year，188bet game has reached an industry-exclusive strategic cooperation with Foxconn, the world’s largest technology manufacturing service company，Annual production capacity doubled to tens of millions。Both parties are designing and producing bicycles、Carry out all-round cooperation in global supply chain integration and other fields，Further promote green travel，Promote "China Intelligent Manufacturing" with 188bet game's "Created in China"。Also，Foxconn has also become a new strategic investor in 188bet game。

188bet game went online in Shanghai last April，Currently it has entered 21 cities including Beijing, Shanghai, Guangzhou and Shenzhen。The concept of “bringing bicycles back to the city” promoted by 188bet game is rapidly emerging，Sparking cycling trend in the city，Affecting hundreds of millions of residents in the city。188bet game in green、Environmental protection、Smart solutions solve the pain points of short-distance travel in cities，Provide high-quality services，got the government、Society、Wide recognition from the public and investors，Considered to be China’s original business model with global expansion value。