ofo pulls operation from South Korea

ofo is reportedly pulling its operation in South Korea after less than a year…


Beijing to place new cap on the deployment of bike rentals at 1.91 million

北京共享单车上限定为191万辆 - iResearch What happened: The Beijing Commission of Transport…


Ofo’s “darkest hour” becomes gloomier as Didi acquisition rumors swirl again

Chinese ride-hailing giant Didi Chuxing is reportedly closing an acquisition…


Mobike's users in Beijing restricted to parking within operational areas

China’s Mobike to restrict rider parking in Beijing as authorities tighten…


ofo scales back US operations amid international retreat

In ofo's latest retreat from the international market, the company is scaling…


After Australia, ofo exits Germany amid push into priority markets

Germany has become the latest market from which Chinese bike-sharing firm ofo…


share bikes pile ofo mobike reduced

China’s first official bike rental bankruptcy leaves RMB 800 million of deposits in limbo

Bike rental company Xiaoming has officially begun bankruptcy proceedings…


Ofo fires staff in India, winds down operations in the country

Bike rental firm ofo has asked its staff that formed part of its Indian…


ofo’s B2B business claims to hit the RMB 100 million revenue mark

Amidst signs of a serious cash crunch, ofo claims that its B2B business has…


Mobike removes last hold over user behavior as it trials deposit free in 100 cities

Mobike is extending deposit-free, credit-free bike rentals to a hundred cities.…