More signs show that ofo’s cash crunch not only affect its domestic business but also its global expansion plans. The troubled bike hire giant has launched a warehouse sale of its bikes to downsize its operation in Singapore, a source with knowledge of the matter told TechNode. The ofo bikes on sale are sold brand […]
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China’s ride-hailing resurgence is just another step into the future of mobility
China’s ride-hailing industry has been facing turbulent times but it’s not just about overcoming Didi.