Hello Inc becomes first Chinese bike rental firm to file for US IPO

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Hello Inc., the bike rental startup behind China’s ubiquitous blue HelloBikes, has submitted a prospectus to the US Securities and Exchange Commission in preparation for a Nasdaq IPO. This is a rare look into the economics of the bike-sharing industry, as it’s the first time a company in the sector has released extensive financial data. Why it matters: Hello’s filing…
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