OFO

Ofo Retreats From Yet Another Foreign Country as South Korean Operations Skid to Halt

Ofo Retreats From Yet Another Foreign Country as South Korean Operations Skid to Halt

Ofo, the world’s biggest independent bike-sharing provider, has withdrawn from yet another overseas market as it pins its hopes on success in its home country, China.

Aug 10, 2018
Xu Wei
Ofo’s Supplier Switches Off Locks Over Unpaid Bill

Ofo’s Supplier Switches Off Locks Over Unpaid Bill

Troubles at Chinese bikesharer OfO continued this week as a supplier of wireless locks on its bicycles switched off its services over an unpaid bill.

Aug 10, 2018
William Clegg
Ofo Ramps Up China Price War With Cash Bonuses

Ofo Ramps Up China Price War With Cash Bonuses

Ofo is doubling down on efforts to boost user numbers in the bike-sharer’s home market of China by bringing in cash bonuses.

Aug 8, 2018
Liu Jing & Liao Shumin
Ofo Denies It Is Nearing Sale to Didi

Ofo Denies It Is Nearing Sale to Didi

Ofo is not close to signing a takeover deal with the world’s biggest ride-hailing provider and one of its largest…

Jul 30, 2018
Xu Wei
Ofo Supplier Disconnects Two Million Digital Bike Locks as Sharing Platform Fights for Survival

Ofo Supplier Disconnects Two Million Digital Bike Locks as Sharing Platform Fights for Survival

A communications service provider that operates digital locks on millions of Ofo bikes has begun cutting off the systems after…

Jul 27, 2018
Tang Shihua & Liu Jing
Ofo Plunges Into China Price War Amid Overseas Retreat

Ofo Plunges Into China Price War Amid Overseas Retreat

Ofo is slashing prices in its home market, sowing the seeds for a comeback, according to a source close to the company, as founder Dai Wei winds down the Chinese bike sharer’s overseas operations.

Jul 26, 2018
Xu Wei
Ofo to Exit Australia, a Non-Priority Market

Ofo to Exit Australia, a Non-Priority Market

 One of China's two biggest dockless bike operators will wind up its Australia operations since the country was not included in a recent list of priority overseas markets.

Jul 13, 2018
Qiu Zhili
Ofo Unveils New Push in Lucrative Overseas Markets

Ofo Unveils New Push in Lucrative Overseas Markets

Ofo Will Focus on Three Overseas Markets; Mobike to Reign Over the Home Turf. Ofo, one of China's two biggest…

Jul 6, 2018
Xu Wei
Mobike Ends Bike-Share Deposits in Bid to Outpedal Rivals

Mobike Ends Bike-Share Deposits in Bid to Outpedal Rivals

Mobike Gives All China Users USD45 Deposits Back to Outrun Rivals

Jul 5, 2018
Liao Shumin
Bicycle Makers Fold as Heat Goes Out of China’s Bike-Sharing Market

Bicycle Makers Fold as Heat Goes Out of China’s Bike-Sharing Market

Chinese bike-sharers' troubles are spilling over and the most recent victims are bike-makers.

Jul 2, 2018
Liao Shumin
China’s Car-Sharing Operators Overtake Bike Firms to Bag Biggest Funds

China’s Car-Sharing Operators Overtake Bike Firms to Bag Biggest Funds

China's car-sharing sector has replaced shared bikes to become the biggest target for investment.

Jun 29, 2018
Wu Ziye
Mobike Rolls Out Electric Fences to Reinforce Shared-bike Parking Guidelines in Shanghai

Mobike Rolls Out Electric Fences to Reinforce Shared-bike Parking Guidelines in Shanghai

Mobike Technology, one of China’s two biggest bike-sharing operators, has rolled out electronic fences to prevent inappropriate parking of shared bikes in Shanghai.

Jun 20, 2018
Liao Shumin