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Electric bike-sharing platform Yulu Bikes raises $19.25-million capital in equity funding

Electric bike-sharing platform Yulu Bikes raises $19.25-million capital in equity funding The capital infusion will enable Yulu to maintain its growth streak and will strengthen its market leadership as it expands its reach in terms of vehicles, operational locations, and product and technology innovation to keep up with the rise in demand from users, the company said in a statement.

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