Caixin
Caixin Global – Latest China News & Headlines

Home >

TRENDING
Nexperia Denies Rumors of China-EU Deal to Resolve Dispute Over Control
Tech Brief (Nov. 5): China Blames Netherlands for Turmoil After Nexperia Halts Wafer Supply
Tencent-Backed Mininglamp Technology Doubles in Hong Kong Debut
LATEST
Nexperia Denies Rumors of China-EU Deal to Resolve Dispute Over Control
Tech Brief (Nov. 5): China Blames Netherlands for Turmoil After Nexperia Halts Wafer Supply
Tencent-Backed Mininglamp Technology Doubles in Hong Kong Debut
Nexperia Halts Wafer Supply to Chinese Unit Amid Deepening Spat
Former China Unicom Executive Gets 12 Years for Taking $3.8 Million in Bribes
Huawei’s Bold AI Bet Aims to Fill Nvidia’s Void in China
China’s STAR Market Embraces Unprofitable Tech With $14.6 Billion ESWIN Debut
China Mobile Names China Unicom Chief as New Chairman
MiniMax Unveils M2 Model to Compete on Speed and Cost
Pony AI, WeRide Seek to Raise Combined $1.3 Billion in Hong Kong
Chinese Firms Urged to Fortify Online Brands as Cybersquatting Costs Mount
China Debuts Ultrafast Oscilloscope in Drive to Break Tech Barriers
U.S. Tightens Export Controls to Cover Subsidiaries of Blacklisted Firms
DeepSeek Unveils New Model With Sparse Attention, Slashes API Costs
Chinese Chipmaker Moore Threads Gets Fast Track Approval to $1.1 Billion IPO
Chinese Drone Maker XAG Files for Hong Kong IPO After First Annual Profit
Xiaomi Ups the Stakes in Premium Market With iPhone-Style 17 Series
Yangtze Memory’s Parent Restructures to Pave Way for IPO Amid Sanctions Pressures
Alibaba Bets Big on ‘AI + Cloud’ With New Models, Nvidia Deal
GlobalFoundries Boosts U.S. Investment, Adds China Fabs to Meet Auto Chip Demand

By Teng Jing Xuan and Qian Tong / Nov 23, 2018 04:02 PM / Business & Tech

Mobike's signature yellow bikes block the sidewalk on a street in Xi'an. Photo: VCG

Mobike's signature yellow bikes block the sidewalk on a street in Xi'an. Photo: VCG

Chinese bike-sharing company Ofo has been inundated with so many deposit refund requests that users must now wait 15 working days to get their money back, Caixin has learned.

One user in Wuhan told Caixin she had to make 156 calls over the course of three days to the company, which dominates the bike-sharing market in larger cities alongside rival Mobike, before she could finally reach someone to ask about a pending refund application. She was then told to call back once 15 days had passed since submitting her application.

The user said she had also tried contacting Ofo customer service through their WeChat and Alipay platforms, but had been placed in a line behind 1,100 people and 8,000 people respectively. When contacted by Caixin, Ofo confirmed that a deposit refund now takes at least 15 working days to complete.

New users currently have to pay 199 yuan ($30) to start using the service. Ofo previously let users in some cities ride deposit-free, but it has ended that program, the company said in July. This is despite rival Mobike’s move in July to remove the deposit requirement in a bid to expand its market share.

Share this article
Open WeChat and scan the QR code