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Changzhou-based shared bicycle rental company, now developing IoT-driven shared mobility and hydrogen energy products.
Founded in 2010 and based in Changzhou, China, Youon is a shared bicycle rental company with 351 patents. It went public in 2017 and launched hydrogen energy products in 2022. In March 2025, Shanghai Hello Puhui Technology, a portfolio company of SAIC Capital and others, acquired Youon for CNY 1.5 billion. Its revenue comes from municipal shared mobility deployments, Youon APP subscriptions and B2B hydrogen energy sales.
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