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Ofo to raise hundreds of millions in new financing round, report claims
While rumors about it being acquired due to a funding crisis have appeared from time to time, Ofo is going to complete an E2-2 round of financing, according to a report by tech news portal All Weather TMT.
September07,2018
Ofo co-founder denies acquisition rumor
Yu Xin, co-founder of Chinese bike-sharing startup Ofo, denied that Chinese ride-hailing giant Didi Chuxing and Alibaba's financial affiliate Ant Financial had jointly acquired the company for $1.4 billion, said tech.sina.com.cn.
August06,2018
New rules lock Ofo out of Chicago
Chinese bike-sharing titan Ofo Inc has announced it is pulling its bikes out of Chicago, as the city raised the cap for the company's type of dockless shared bikes.
July11,2018
Chinese bike-sharing pilot in Israel forced to end due to high costs
A pilot project by Chinese bike-sharing company ofo at the Weizmann Institute of Science in central Israel was forced to finish in less than two months after it began, local media reported.
June28,2018
Chinese bike-sharing service ofo welcomed in India
Chinese bike-sharing company ofo received more than 1.1 million orders in India in the first quarter in 2018, the company said Thursday.
April20,2018
Ofo pedals into South Korea
Chinese bike-sharing titan Ofo Inc announced Thursday it is pedaling its way to South Korea, as the company ramps up efforts to expand its booming bicycle empire to overseas markets.
January26,2018
Ofo pedals into South Korea
Chinese bike-sharing titan Ofo Inc announced Thursday it is pedaling its way to South Korea, as the company ramps up efforts to expand its booming bicycle empire to overseas markets.
January26,2018
Ofo kicks off operations in India to promote bicycle sharing culture
World's first dockless bicycle-sharing platform Ofo has begun its services in India, with the company signing agreements with local body governments in two cities - Pune and Coimbatore.
January25,2018
Ofo kicks off operations in India to promote bicycle sharing culture
World's first dockless bicycle-sharing platform Ofo has begun its services in India, with the company signing agreements with local body governments in two cities - Pune and Coimbatore.
January24,2018
Ofo disputes report on tight cash, plunging bookings
China's bike-sharing company ofo said Friday that its bookings volume has been steady and cash flow is very sound, denying media reports that the company can only survive for a month while its bookings plummet.
January19,2018
Ofo disputes report on tight cash, plunging bookings
China's bike-sharing company ofo said Friday that its bookings volume has been steady and cash flow is very sound, denying media reports that the company can only survive for a month while its bookings plummet.
January19,2018
Ofo to share big data of bicycles with 200 Chinese cities
China's bike-sharing giant ofo announced Wednesday plans to share its big data platform with city administration authorities in 200 Chinese cities.
January18,2018
DiDi launches bike-sharing service platform
Chinese ride-sharing giant DiDi Chuxing launched a bike-sharing platform within its mobile app Wednesday.
January18,2018
Bike-sharing boom enters smooth path
After the rapid development, the bike-sharing boom in China now enters a new phase of stable development and has become commuters’ new option for short trips.
January16,2018
Chinese bike sharing company Ofo enters Phuket, Thailand
China's dock-less bike-sharing company ofo on Thursday told Xinhua that they have launched their bike-sharing service in the Thai tourist resort island of Phuket with 1,000 Smart Lock bikes.
September22,2017
Chinese bike sharing company Ofo enters Phuket, Thailand
China's dock-less bike-sharing company ofo on Thursday told Xinhua that they have launched their bike-sharing service in the Thai tourist resort island of Phuket with 1,000 Smart Lock bikes.
September22,2017
China's bike sharing system to be launched in Vienna
China's station-free bicycle-sharing-system is to be launched in Vienna, capital of Austria, on Sunday, the Beijing-based Chinese bicycle sharing company, Ofo, told Xinhua on Friday.
August28,2017
China's century-old bicyle brand to team up with Ofo
China's 120-year-old bike manufacturer Phoenix is to supply bike-sharing startup Ofo and help it explore overseas markets.
May09,2017
Ofo and Didi Chuxing to share the ride
Chinese bike-sharing company Ofo announced on Thursday that its bike-sharing feature is now accessible via the top ride-hailing firm Didi Chuxing.
April28,2017
Bicycle-sharing boom reinvigorates manufacturers, challenges management
China's bicycle manufacturers are poised for a resurgence thanks to the booming bike-sharing industry.
March03,2017
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