Locobike launched its shared-bike service in Hong Kong in 2017. It is committed to promoting the concept of "urban bike green mobility". Currently, Loco has 340,000 registered users and is the only provider of shared bicycle services in Hong Kong. Locobike offers low-carbon travel options through systematic bike-sharing services and IoT technology, allowing users to locate bikes accurately and unlock them quickly through the app. Loco has now expanded its business to include the booking of local lifestyle experiences and the sale of lifestyle products online. The platform connects local shops with the community through a variety of platforms, actively promotes local consumption, and has become a local one-stop lifestyle platform.