FOUNDER PROFILE

Deng Yonghao

Deng Yonghao

Deng Yonghao

Co-founder of Xiaoming Bike

Deng Yonghao founded his first bike store in Guagzhou, China in 1993, when bicycle was the dominant transportation tool in China. He agented Wuyang Bike and made profit by earning RMB200 from each bike. In 1995, he established first firm and shifted interest to European market.In 2008, Cronus the brand was born in France and Deng brought it bacto Guanghzhou in 2010 as sport bike industry was striving in China.  In 2016, Deng Yonghao invested RMB100 million, up to US$ 14million, to Xiaoming Bike in series A round funding and joined as cofounder. CRONUS is now responsible for full production of Xiaoming Bike.

STARTUPS FOUNDED

China / Guangzhou , China

Series B 07/2017

China / Guangzhou , China

Xiaoming Bike

Series B 07/2017

China / Guangzhou , China

China’s third most popular bike-sharing app provides differentiated services, such as lower rates and electronic parking stations.

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