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Temasek invests in China's bike-sharing startup Mobike

Firm has raised over US$300 million since the start of the year and plans Singapore launch by March
Tuesday, February 21, 2017 - 05:50

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China's smart bike-sharing company Mobike said it has received new strategic investments from Singapore's state-owned investor Temasek Holdings and China-focused Hillhouse Capital. This brings the total funds raised by Mobike since the start of the year to over US$300 million.

Singapore

CHINA'S smart bike-sharing company Mobike said it has received new strategic investments from Singapore's state-owned investor Temasek Holdings and China-focused Hillhouse Capital. This brings the total funds raised by Mobike since the start of the year to over US$300 million.

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