China’s bike rental industry is rebounding after the Spring Festival holiday as riders see it as the safest transportation option during the outbreak.
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Posted inOn the Cusp
Chinese firms should focus on capital efficiency: GGV Capital
GGV Managing Partner Jixun Foo discusses the return to a more rational investment approach in China.
Posted inOn the Cusp
Briefing: HelloBike rebranded as “Hello TransTech”
The company started registering a series of trademarks back in April.
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Briefing: Bike rental cool down prompts calls for policy change
As the bike rental cools down, industry insiders start to ask how well the bike ban fits current circumstances.
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Briefing: Uber is coming back to China to make scooters
Uber has no plans to bring its bike rental scheme to China but it is considering other Asian countries.
Posted inOn the Cusp
Court froze RMB 1.45 million of Ofo assets this month
While Ofo’s legal troubles pile up, millions of users are reportedly still waiting for their deposits.
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Ofo moves its Beijing headquarters in midst of cash crunch
Ofo’s headquarters have shifted as it faces a reported cash crunch.
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Ofo rumor mill continues as they battle whispers of bankruptcy
The Chinese bike rental firm is reportedly preparing for its bankruptcy reorganization plans.
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Ofo’s overseas operations show signs of cash crunch
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 […]
