Xingxing Mobility - About the company
Xingxing Mobility is a series B company based in Seoul (South Korea), founded in 2019. It operates as an App-based platform offering electric kick scooter and bicycle rental services. Xingxing Mobility has raised $15.6M in funding. The company has 4 active competitors, including 4 that are funded. Its top competitors are Lime, TIER and Carre Mobility.
Company Details
App-based platform offering electric kick scooter and bicycle rental services. The platform enables users to find, book and unlock and rent electric vehicles through mobile applications. It offers features like online payments, QR code-enabled access, and more. At the end of the ride, users have to leave the vehicle at designated parking spaces. The mobile application is available for Android and iOS platforms.
- Website
- Social
- Email ID
- @xingxingmobility.com
- Phone Number
- +82
Key Metrics
Founded Year
2019
Location
Seoul, South Korea
Stage
Series B
Total Funding
in 1 round
Latest Funding Round
Investors
Ranked
3rd among 4 active competitors
Annual Revenue
as on Dec 31, 2021
Similar Companies
Lime &
Legal entities associated with Xingxing Mobility
Xingxing Mobility is associated with 1 legal entity given below:
Legal Entity Name | Date of incorporation | Revenue | Net Profit | Employee Count |
|---|---|---|---|---|
Feb 28, 2019 | - | 944 | 979 |
Xingxing Mobility's funding and investors
Xingxing Mobility has raised a total funding of $15.6M over 1 round. Its latest funding round was a Series B round on Dec 26, 2022 for $15.6M. 5 investors participated in its latest round, which includes KB Investment, Alpen Route, Shinhan Financial Group and T S Investment.
Xingxing Mobility has 6 institutional investors including KB Investment, and Shinhan Financial Group.
Here is the list of recent funding rounds of Xingxing Mobility:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Dec 26, 2022 | $15.6M | Series B | 1531517 | 2679008 | KICC, Shinhan Financial Group, and |
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Xingxing Mobility's Competitors and alternates
Top competitors of Xingxing Mobility include Lime, TIER and Carre Mobility. Here is the list of Top 10 competitors of Xingxing Mobility, ranked by ÃØÃÜÑо¿Ëù score :
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Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
|---|---|---|---|---|---|
1st | Lime 2017, San Francisco (United States), Series D | App-based rental platform providing self-drive electric kick-scooter | $1.71B | 87/100 | |
2nd | App-based rental platform for electric kick-scooters | $660M | Goldman Sachs, MubadalaÌý&²¹³¾±è;Ìý | 79/100 | |
3rd |  2019, Seoul (South Korea), Series B | App-based platform offering electric kick scooter and bicycle rental services | $15.6M | KB Investment, Alpen RouteÌý&²¹³¾±è;Ìý | 48/100 |
4th |  Carre Mobility 2020, Berlin (Germany), Seed | Online-platform offering multi-category self-driven vehicle rental and car-pooling platform | - | 26/100 |
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Xingxing Mobility's Investments and acquisitions
Xingxing Mobility has made no investments or acquisitions yet.
Reports related to Xingxing Mobility
Here is the latest report on Xingxing Mobility's sector:
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News related to Xingxing Mobility
Media has covered Xingxing Mobility for 1 event in last 1 year.
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Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Frequently asked questions about Xingxing Mobility
When was Xingxing Mobility founded?
Xingxing Mobility was founded in 2019.Where is Xingxing Mobility located?
Xingxing Mobility is located in Seoul, South Korea.Is Xingxing Mobility a funded company?
Xingxing Mobility is a funded company, its first funding round was on Dec 26, 2022.When was the latest funding round of Xingxing Mobility?
Xingxing Mobility's latest funding round was on Dec 26, 2022.What is the annual revenue of Xingxing Mobility?
Annual revenue of Xingxing Mobility is 11.8B KRW as on Dec 31, 2021.Our Lite Plan Awaits you - Its Free!
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