Mobike, ofo say no to merger despite investor pressures

Despite the rumors and speculation surrounding a possible merger between Mobile and ofo, Mobike co-founder and CEO Davis Wang has made it clear again at TheYearAhead Summit that a “merger is not an option for the company,” local media is reporting.

Similarly, ofo founder and CEO Dai Wei also expressed previously that the company would not consider a merger.

Rumors about Mobike and ofo merger have been around for a while. It can be dated back to months ago when we joked about the same issue with our April Fool’s joke. Different reactions from the two companies sparked speculation about what was the real sentiment internally.

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