Shared Bike Specialist Hello Inc. Could Meet Skeptical Reception on Wall Street

Company backed by Alibaba’s Ant Group continued to post large losses last year as its revenue growth slowed sharply Key Takeaways: Hello Inc.’s relatively high costs and standalone nature of its shared-bike service could make it difficult for the company to become profitable Those factors mean Hello could be valued at a medium-to-large discount compared to domestic peer Meituan and U.S. giant Uber By Doug Young Hope certainly seems to spring eternal for some people, especially those in the shared economy business. That’s one of the biggest messages coming from…

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