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share bikes pile ofo mobike reduced
Posted inWith Chinese Characteristics

Chinese city wants to regulate bike rental platforms with social credit system

by Masha Borak Oct 16, 2018Jun 7, 2020

Foshan will require Mobike, ofo, and other bike rental companies to hand over users blacklisted for bad parking.

Posted inNews

Global bike rental is about to get even bigger: Cheetah Global report

by Masha Borak Mar 8, 2018Jun 7, 2020

Cheetah Global has come out with freshly-minted statistics on the state of the bike rental economy in the world. Public bicycles were first started in Europe but have seen their biggest success in the East starting from China’s dockless bike systems ofo and Mobike. According to the global distribution of active users gathered by Cheetah […]

Posted inNews

ofo announces $866 million funding round led by Alibaba amid cash strain rumors

by Emma Lee Mar 13, 2018Jun 7, 2020

ofo raises $866 million in latest funding round led by Alibaba

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