Bicycle sharing platform Hellobike has entered discussions with SoftBank for an investment as part of a $400m round that would value it at $2bn.

Telecommunications and internet group SoftBank is set to invest in China-based bicycle rental service Hellobike at a $2bn valuation, in a round expected to reach $400m, Reuters reported today. Private equity firm Primavera Capital will also participate in the round, people with knowledge of the matter told Reuters. SoftBank’s discussions with Hellobike were originally reported…

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