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GoBee Bike

GoBee Bike

GoBee Bike was a company that operated a bicycle-sharing system.

OverviewStructured DataIssuesContributors

Contents

Is a
Organization
Organization
Company
Company

Company attributes

Industry
Bicycle-sharing system
Bicycle-sharing system
Cycling
Cycling
Location
Wan Chai
Wan Chai
0
B2X
B2C
B2C
Founder
Claude Ducharme
Claude Ducharme
0
Raphael Cohen
Raphael Cohen
0
Pitchbook URL
pitchbook.com/profiles...180293-59
Legal Name
BeeBike Holdings Limited
Number of Employees (Ranges)
51 – 2000
Email Address
contact@gobee.bike0
Phone Number
+852301817080
Full Address
WeWork, 33 Lockhart Road, Wan Chai, Hong Kong Hong Kong, Wan Chai, HK0
Investors
Alibaba Entrepreneurs Fund
Alibaba Entrepreneurs Fund
Grishin Robotics
Grishin Robotics
Founded Date
2017
0
Total Funding Amount (USD)
9,000,000
Latest Funding Round Date
August 2017
Former CEO
Raphael Cohen
Raphael Cohen
0
Also Known As
Gobee0
Latest Funding Type
Series A
Series A

Other attributes

Company Operating Status
Closed0
Discontinued Date
2018
0
Overview

GoBee Bike was a Hong Kong-based company that developed and launched a bicycle-sharing system for major cities. It was founded in 2017, and in addition to operating in Hong Kong, the company launched its offerings in France and Italy. GoBee Bike was forced to cease operations in July 2018 after it experienced losses from high maintenance costs.

Product

The GoBee Bike system had software and hardware components. The software was an app that users could download so they could find and rent bikes. The app had a QR code scanner so users could register, pay a deposit, and unlock and rent the bikes. After paying the deposit, users could ride the bike anywhere within the city at a rate of less than one United States dollar per hour. There were no docks for the bikes, as the locks for them could be activated via GPS.

The hardware consisted of bikes and charging stations. The bikes used solar technology to power the lights that could be used for night riding. The colors of the bikes varied from city to city, but many of them were neon green so they could be easily identified.

Closing

In 2018, GoBee Bike had to close down operations. The company stated it had lost too much money from maintenance costs, and many of its bikes ended up in rivers, abandoned, stolen, or damaged.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

End of the road for bike-share pioneer Gobee in France

https://www.france24.com/en/20180226-business-france-bicycle-end-road-bike-share-pioneer-gobee-paris

Web

February 26, 2018

Gobee.bike pulls out of France due to 'mass destruction' of its dockless bike fleet

https://www.theguardian.com/world/2018/feb/25/gobeebike-france-mass-destruction-dockless-bikes

Web

February 25, 2018

Here's how bike-sharing can help Hong Kong: Gobee.bike CEO

Weng Guan Low

https://www.cnbc.com/2017/08/17/heres-how-bike-sharing-can-help-hong-kong-gobee-bike-ceo.html

Web

August 17, 2017

Hong Kong bike-sharing start-up Gobee.bike goes bust

Denise Tsang

https://www.scmp.com/news/hong-kong/hong-kong-economy/article/2154547/hong-kong-bike-sharing-start-gobeebike-goes-bust

Web

July 10, 2018

References

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