Shanghai court order against Chen Zhengjiang marks latest blow against struggling shared-bike giant

Ofo likely to become biggest casualty in latest boom-bust cycle that devoured more than $1 billion in investor cash

Co-founder Hu Weiwei’s exit comes as rival Ofo totters on brink of insolvency in loss-plagued sector

Bike-sharing startup’s Dai Wei can’t travel first-class or splurge on golf or luxury hotels under court restrictions

Founder and CEO Dai Wei says struggling bike-share startup will ‘remain faithful even at the most difficult time’

Ofo denies bankruptcy plans; Tencent explains company restructuring to partners; Taiwan’s UMC halts R&D with Jinhua after U.S. ban

Tencent posts rare profit drop, Liu He welcomes foreign investment in robotics, Ofo exits U.S. cities

Internet titan’s investment gives cash-strapped bike-sharing startup valuation of $2.8 billion as of March

Ofo denies reports of acquisition by Didi; Alipay to officially launch mini programs; ASE Group looks for mainland IPO

China’s leading bike-sharing platform seeks to put more distance between itself and rivals

Company aims to put brakes on cash-burning ways as investor patience wears thin

Bike-sharing leader secures $866 million in Alibaba-led fundraising round

Bike-sharing leader raised around $1 billion in latest fundraising round, sources say, while archrival Ofo struggles

Car-hailing giant has agreed to buy cash-strapped Bluegogo, in foray to expand presence in white-hot market

Financial pressures steering bike-sharing rivals toward alliance, but management teams, shareholders pedaling in different directions

Ant Financial becomes largest shareholder in subsidiary as Youon builds warchest to expand in cutthroat market

Latest cash-raising surpasses $600 million reported last month by rival Mobike in what’s quickly becoming two-way contest for supremacy

Growing industry that meets urban demand for shared two-wheelers attracts investors but raises questions about how long ride can last

Skepticism vanishes as investors flock to join fundraisers for Ofo, Mobike and other companies that use apps to rent out bicycles