China: WM Motor invests in Hellobike; JD.com-backed fund bets on Qiandama

China: WM Motor invests in Hellobike; JD.com-backed fund bets on Qiandama

Image from Hellobike website

WM Motor has announced a strategic investment in Hellobike, while JD.com’s investment arm makes a new investment in Qiandama to expand its offline services.

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