Yellow Announces contribution of $ $63 million in investment round

The Yellow bike sharing company, announced the contribution of $ $63 million in investment round led by GGV Capital Resources Manager, with the contribution of the funds Monashees, Grishin Robotics, and Class 5 Global Partners through Baseline10 fields. With the value, the startup plans to expand your operation to other countries of Latin America and build a factory of electric scooters. Among the countries that are part of the plant expansion, are Mexico, Colombia, Chile and Argentina. In Brazil, the company has raised $75 million in nine months, investments should increase your operation in Sao Paulo and other Brazilian cities later this year.