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The price of the offering and the amount of shares to be sold have yet to be decided

The company’s register capital has dropped drastically from RMB 1.03 billion to RMB 430 million

The firm just had raised USD 171m from Alibaba

Fresh funding for the Ant Financial-backed contestant in China’s bike sharing race

Telcos in China, as in other markets, are feeling the squeeze from shifting consumer habits.

Weak appetite from individual investors.

The funds will be used for “general corporate purposes.”

Leadership, commitment, and moxie.

A new day, a new set of bikes.

The app factory also eyes the B2B sector.