Caixin
Caixin Global – Latest China News & Headlines

Home >

TRENDING
AI Chipmaker Sunrise Doubles Valuation After Raising 2 Billion Yuan
Tencent Unveils Larger AI Model in Bid to Close Gap With Rivals
Baidu Shifts AI Agent Dumate Toward Industry-Specific Workflows
LATEST
Tencent Unveils Larger AI Model in Bid to Close Gap With Rivals
AI Chipmaker Sunrise Doubles Valuation After Raising 2 Billion Yuan
Analysis: Unitree Shares Slide as Investors Reassess Humanoid Robot Valuations
Baidu Shifts AI Agent Dumate Toward Industry-Specific Workflows
Z.AI Unveils Cheaper Model Running Entirely on Homegrown Chips
EHang Scraps Revenue Target in Wake of Fatal Aircraft Crash
XPeng to Raise $900 Million for Robotics Unit
China’s Advanced Chip Supply to Surge 46% Annually Through 2035, Goldman Says
Xiaomi Steps Up Chip Push With New Smartphone, AI and Self-Driving Processors
Alibaba’s $12 Billion Share Sale to Fund AI Push Sends Stock Lower
TikTok to Pay $400 Million to Settle U.S. Child Privacy Lawsuit
DeepSeek Enters the Multimodal AI Race with Experimental Vision Model
Alibaba’s Profit Plunges as E-Commerce Business Falters, AI Investment Jumps
YMTC Moves Closer to Shanghai IPO
Unitree Shares Decline as Founder Flags Limits of Humanoid Robots
AI Companies’ Success Lies in the Apps, Bain’s China Chairman Says
China’s LandSpace Recovers Booster in Reusable Rocket Breakthrough
Spacecom Raises $1.94 billion in Bet on China’s Starlink Rival
U.S. Appeals Court Orders Review of Pentagon’s DJI Designation
Unitree to Debut at 61 Billion Yuan Valuation in Closely Watched Shanghai IPO

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