Search results for “Bluegogo”
Didi Chuxing suspends hotel and travel business with staff transfers and lay off
Earlier this year, Didi was reported to have sustained steep losses of 10.9 billion yuan in 2018, and has been in the red for six years.
Alibaba leads bike-sharing startup Ofo's $866 million funding
Ofo has secured USD 866 million in a new round of financing led by Alibaba, a move that should stave off calls for it to merge with Tencent-backed rival Mobike.
Ofo investor rumored to have sold shares to Alibaba for $3 billion
Ofo investor Xiaohu Zhu from GSR Ventures is rumored to have sold his shares in bike rental firm ofo to Alibaba for USD 3 billion.
Didi Chuxing to launch bike-sharing platform and brand
Chinese ride-hailing firm Didi plans to launch a bike-sharing platform within its app that will host partner firms such as Ofo as well as its own bike-sharing brand.
Mobike CEO calls for clearer rules to help sharing-economy in China
Bike-share firm Mobike’s CEO Davis Wang says that companies like his have enormous numbers of customers, but can struggle with a lack of a clear regulatory framework.
Smart riding brand SpeedX raises RMB 150 million
Beijing-based smart cycling brand SpeedX announced its entry into bike-sharing sector, and an independent brand Bluegogo would be created to help the company expand the market. Meanwhile, SpeedX revealed it has raised RMB 150 million in its series B round.
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