'Money rolling in' for HK's bike-sharing hopeful

Gobee.bike founder Raphael Cohen believes the bike-sharing boom in China will cross the border to the semi-autonomous city — where prices will be much higher.

“I’ve spent zero on advertisingand money just keeps coming in.” 

In an artsy office located in Hong Kong’s Sheung Wan, Raphael Cohen, founder of the city’s first station-less bike sharing system, sounded a note of optimism about the chances of the bike-sharing boom spreading from China to Hong Kong.  

Gobee.bike, which rents bikes to users for HK$5 $0.64 per 30 minutes but doesn’t require them to return the bikes to a docking lot, is now on track to complete its series-A financing, according to Cohen. We will make annoucements on funding probably by end of the month, he said.

Cohen...

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