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Ofo
Ofo
NEWS
Shanghai court order against Chen Zhengjiang marks latest blow against struggling shared-bike giant
Jun.13 2019 19:13 PM
Ofo likely to become biggest casualty in latest boom-bust cycle that devoured more than $1 billion in investor cash
Feb.13 2019 10:00 AM
Co-founder Hu Weiwei’s exit comes as rival Ofo totters on brink of insolvency in loss-plagued sector
Dec.24 2018 19:05 PM
Bike-sharing startup’s Dai Wei can’t travel first-class or splurge on golf or luxury hotels under court restrictions
Dec.21 2018 04:51 AM
Founder and CEO Dai Wei says struggling bike-share startup will ‘remain faithful even at the most difficult time’
Nov.29 2018 19:59 PM
Ofo denies bankruptcy plans; Tencent explains company restructuring to partners; Taiwan’s UMC halts R&D with Jinhua after U.S. ban
Nov.1 2018 19:28 PM
Tencent posts rare profit drop, Liu He welcomes foreign investment in robotics, Ofo exits U.S. cities
Aug.16 2018 10:30 AM
Internet titan’s investment gives cash-strapped bike-sharing startup valuation of $2.8 billion as of March
Aug.1 2018 20:22 PM
Ofo denies reports of acquisition by Didi; Alipay to officially launch mini programs; ASE Group looks for mainland IPO
Jul.31 2018 11:12 AM
China’s leading bike-sharing platform seeks to put more distance between itself and rivals
Jul.5 2018 18:53 PM
Company aims to put brakes on cash-burning ways as investor patience wears thin
Jun.14 2018 18:19 PM
Bike-sharing leader secures $866 million in Alibaba-led fundraising round
Mar.13 2018 18:18 PM
Bike-sharing leader raised around $1 billion in latest fundraising round, sources say, while archrival Ofo struggles
Jan.25 2018 06:24 AM
Car-hailing giant has agreed to buy cash-strapped Bluegogo, in foray to expand presence in white-hot market
Jan.3 2018 05:24 AM
Financial pressures steering bike-sharing rivals toward alliance, but management teams, shareholders pedaling in different directions
Dec.18 2017 07:03 AM
Ant Financial becomes largest shareholder in subsidiary as Youon builds warchest to expand in cutthroat market
Dec.4 2017 20:21 PM
Latest cash-raising surpasses $600 million reported last month by rival Mobike in what’s quickly becoming two-way contest for supremacy
Jul.6 2017 13:30 PM
Growing industry that meets urban demand for shared two-wheelers attracts investors but raises questions about how long ride can last
Apr.11 2017 19:30 PM
Operators raise combined $1.12 billion as investors bet on booming demand for alternate transport services
Mar.1 2017 17:38 PM
Skepticism vanishes as investors flock to join fundraisers for Ofo, Mobike and other companies that use apps to rent out bicycles
Jan.24 2017 16:57 PM
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