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Search results for “ofo”
Bike-sharing firm Ofo raises $700 million in E round, backed by Alibaba
07/06/2017
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6:11:42 PM
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China's bike-sharing platform Ofo announced that it has received more than USD 700 million in its series E round funding. The round had Alibaba, Hony Capital and CITIC as the lead investors and also involved Didi Chuxing and DST.
Bike-sharing firms Mobike, ofo are seeking billion-dollar new rounds
06/15/2017
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5:04:47 PM
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China's two biggest bike rental companies - Shanghai-based Mobike and Beijing-based ofo, are both raising massive new financing rounds totaling nearly USD 1 billion.
Didi Chuxing to launch bike-sharing platform and brand
01/09/2018
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3:40:41 PM
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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.
China’s bicycle-sharing giants are still trying to make money
12/13/2017
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2:12:15 PM
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One answer would be for Ofo and Mobike to merge.
Bike-share startup ofo grabs $450 million in D round backed by DST, Didi
03/03/2017
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6:25:32 PM
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Bike rental company ofo announced that it has raised USD 450 million in the recently closed series D round funding, backed by DST, Didi, CITIC and others.
Bike-sharing startup ofo raising $150 million
02/10/2017
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3:12:51 PM
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Chinese bike-sharing startup Ofo is raising up to USD 150 million in fresh funds, aiming to achieve a valuation of USD 1 billion, the Wall Street Journal reports.
Bikesharing in China lacks a sustainable business model
11/27/2017
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12:42:28 PM
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Viewed properly, bike-shares have become a critical piece of any well-designed mass transit system - and one that China needs to maintain if it wants to meet its livability and environmental goals.
Mobike seen in Berlin, pedalling to 200 global cities
11/23/2017
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10:52:38 AM
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Chinese bike-sharing titan Mobike announced Wednesday its operations in Berlin, Germany, meeting the goal of expanding to 200 cities globally by the end of this year.
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