Hello (Chinese company)
{{short description|Chinese technology company}}
{{Multiple issues|{{coi|date=May 2024}}
{{More citations needed|date=December 2020}}}}
{{Infobox company
| name = Hellobike
| image = 20180703杭州的新款Hellobike.jpg
| image_caption = A Hellobike in Hangzhou in 2018
| native_name = 哈啰出行
| native_name_lang = zh
| type = Private
| industry = Bicycle-sharing system
| founded = {{Start date and age|2016|05}}
| hq_location_city = Shanghai
| hq_location_country = China
| website = {{URL|hello-inc.com}}
}}
Hellobike ({{zh|s=哈啰出行|l=Hello travel}}) is a transportation service platform based in Shanghai, China. Founded in 2016, the company merged with Youon Bike the following year.{{Cite web |title=Meet Hellobike, the scrappy latecomer to China's bike sharing market |url=https://www.thestar.com.my/tech/tech-news/2018/10/01/meet-hellobike-the-scrappy-late-comer-that-clawed-its-way-to-no-3-in-chinas-bike-sharing-market/ |access-date=2021-02-06 |website=The Star}}
Hellobike first focused on building market share for its bicycle-sharing service in China's second- and third-tier cities, before shifting its focus to China's largest urban regions.{{Cite web|last=Choudhury|first=Saheli Roy|date=2018-08-29|title=Still 'a lot of space' for competition in China's bike-sharing frenzy, says start-up exec|url=https://www.cnbc.com/2018/08/29/a-chinese-start-up-is-taking-the-competition-to-bike-sharing-giants-ofo-and-mobike.html|access-date=2021-02-06|website=CNBC|language=en}}
In recent years, Hellobike has expanded aggressively in the areas of electric scooter and electric bike transportation. In 2019, Hellobike and Contemporary Amperex Technology Co Ltd announced a US$145 million electric battery joint venture.{{Cite news|date=2019-06-12|title=China's CATL, Ant Financial and Hellobike set up e-bike battery firm|language=en|work=Reuters|url=https://www.reuters.com/article/us-china-battery-idUSKCN1TD0QT|access-date=2020-11-12}} This operation aims to develop a network of stations that would enable riders to pick up fully-charged batteries.
In a series of fundraising rounds dating back to 2016, Hellobike has raised over US$1.8 billion from investors. Ant Group, the company's largest single investor, holds an estimated 36 percent share in Hellobike.{{Cite news|last=Hancock|first=Tom|title=Hellobike eases past China's cycle-sharing pack|work=Financial Times|url=https://www.ft.com/content/33a8d948-a6a7-11e9-984c-fac8325aaa04}}
In the highly-competitive Chinese bike sharing market, Hellobike's primary rival is Mobike.