Investor news no.03 -2026
Donkey Republic is expanding its Nordic presence with the launch of their bike-sharing service in Helsinki, marking another step in the company's ambition to become the most trusted shared mobility partner in Northern Europe.
The service will initially deploy approximately 700 of Donkey Republic's latest-generation pedal bikes across the Finnish capital. Operations will be carried out in partnership with Finnish mobility company Kaakau, combining Donkey Republic's technology and operational expertise with strong local capabilities.
The service is designed to complement Helsinki's existing public transport network and the city's established public bike-sharing system operated by HSL. Rather than replacing existing mobility options, Donkey Republic aims to provide additional flexibility - particularly for visitors for sightseeing journeys across the city and trips for locals who want a bike effortlessly without committing to the public bike-sharing network.
At the same time, the launch offers residents and visitors another sustainable transport option built around the simplicity of the classic pedal bike. Powered simply by the rider's own legs, pedal bikes remain one of the effective and accessible ways to move around a city, while offering a practical and more affordable alternative to e-scooters for many everyday journeys.
"Helsinki is one of Europe's leading cycling cities and a natural fit for Donkey Republic. We believe bike sharing should make it easier for more people to choose cycling as part of everyday life - whether as the first or last mile to public transport, for commuting, or simply as a convenient alternative to short car trips and e-scooters. We see our service as a complement to Helsinki's already strong public transport network and existing bike-sharing system, giving people even more opportunities to choose sustainable mobility."
Christian Bergmann Mølgaard, Regional Manager Nordics, Donkey Republic
"We are excited to partner with Donkey Republic to bring more cycling options to Helsinki. By combining Donkey Republic's proven platform with our local operational expertise, we can offer a reliable service that complements the city's existing transport system and gives residents and visitors greater flexibility in how they move around the city."
Aleksanteri Repo, CEO, Kaakau
The expansion builds on Donkey Republic's successful operations through long-term public-private partnerships in more than 50 cities across the Nordics, Benelux and DACH markets.
The first Donkey bikes are expected on the Helsinki streets in late July 2026 and can be rented through the Donkey Republic mobile app. Riders will be able to choose from both `Just Ride' products and Day Passes with set minutes included.