Hellobike turns to smart solutions

Bike-sharing firm to use experiences in lower-tier cities for bigger share of urban market

Hellobike, the bike-sharing app backed by financial technology behemoth Ant Financial, has entered into several partnerships with high-profile suppliers to make its two-wheelers more appealing to the hundreds of millions of riders in China.

The Shanghai-based startup said it will cooperate with five industry players including telecom carrier China Mobile and German chemical conglomerate BASF Group to optimize the design, production, operation and maintenance of its shared bikes and e-bikes.