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inc42.com

The company began with docked bikes and evolved into a dockless model powered by IoT. In 2024, Yulu turned EBITDA positive and crossed $30 million in ARR, driven by increased demand from the quick commerce sector.

inc42.com

The company began with docked bikes and evolved into a dockless model powered by IoT. In 2024, Yulu turned EBITDA positive and crossed $30 million in ARR, driven by increased demand from the quick commerce sector.