It took a couple of weeks, but we finally know the fate of the remaining ofo bikes in Dallas. For a time after the company decided it just couldn’t take Dallas’ new bike-share regulations and pulled ...
It seemed like September was the month of dockless bikeshares taking D.C., but now it seems the trend is continuing into October. On Tuesday, Oct. 10, ofo joined the mix of companies that don’t ...
Every Wednesday and Friday, TechNode’s Briefing newsletter delivers a roundup of the most important news in China tech, straight to your inbox. Sign up More signs show that ofo’s cash crunch not only ...
The real returns from bike sharing will be made from the data. Now that Mobike has a strong backer, it is opening the spending spigot that looks certain to crush what is left of the smaller rivals ...
Ofo bikes once dotted the landscape in Worcester, including in Worcester Common in front of City Hall, but their numbers and dwindling and will hit zero soon. PHOTO/COURTESY Ofo, the Chinese company ...
An Ofo bicycle sits on a Fremont street as a BMW ReachNow passes by. This is transportation in Seattle, 2017. (GeekWire photos / Taylor Soper) Welcome to Seattle, yellow bikes. Beijing-based Ofo just ...
BEIJING/SHANGHAI (Reuters) - On the sidewalks of Shanghai and Beijing, once bright-yellow Ofo bicycles lie in varying states of disrepair - chains unhooked, wheels buckled and paint starting to fade - ...
With money owed to millions of jilted customers, its operating licenses suspended, and its assets seized or melted down for scrap, some companies would file for bankruptcy. The Chinese company that ...
On January 9, when Ofo announced it was launching in Sheffield, it lauded the city as its “largest and fastest” UK launch yet, with 1,000 dockless shareable bikes set to be placed on the city’s hilly ...
Chinese bike-sharing company Ofo is entering a new phase. After a period of aggressive growth, the company is looking back at its international markets and focusing on the most promising ones. A ...
Every Wednesday and Friday, TechNode’s Briefing newsletter delivers a roundup of the most important news in China tech, straight to your inbox. Sign up Chinese ride-hailing giant Didi Chuxing is ...
Chinese startup Ofo said it raised more than $700 million in a new funding round. Investors included Alibaba Group, Hony Capital and CITIC Private Equity, the bike-sharing company said. Ofo CEO Dai ...
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