Chinese bike-sharing startup Hellobike is challenging Ofo and Mobike with a focus on smaller cities and a $145M joint venture for battery-swapping stations
Zen Soo / South China Morning Post :
How the boom in Chinese bike-share companies like Ofo and Mobike was quickly followed by a bust, wiping out many investors and littering towns with unused bikes
Bike-sharing start-ups brought prosperity to Wangqingtuo. Now residents are dealing with the mess they left behind.
In leaked memo, Chinese bike sharing startup Ofo's founder says it is facing immense cash flow pressure and has considered applying for bankruptcy
Ofo, the Alibaba-backed bike-sharing service, has “immense” cash flow problems and has considered applying for bankruptcy, according to the company's founder.
Amsterdam-based e-scooter startup Dott, founded by former Ofo exec Maxim Romain, raises €20M led by EQT Ventures and Naspers
The funding extravaganza may be approaching its end for scooter “unicorns” Lime and Bird, but smaller startups in the micro-mobility space have continued …
Chinese bike-sharing giant Mobike enters US with Washington DC launch, a month after rival Ofo launched in Seattle
Zen Soo / South China Morning Post :
Chinese bike-sharing giant Mobike enters US with Washington DC launch, a month after rival Ofo launched in Seattle
Zen Soo / South China Morning Post :
Chinese bike-sharing startup Ofo enters US with Seattle launch
Ofo VP Grace Lin on the launch plan and the bright yellow bikes — This week, Ofo's bright yellow bikes will join Spin's orange and LimeBike's green bikes on the streets of Seattle. — Unlike our fi...
Chinese bike-sharing service Ofo raises $700M+ Series E led by Alibaba, Hony Capital, and Citic Private Equity, aims to expand to 20 countries by end of 2017
Bloomberg :
Chinese bike-sharing service Ofo raises $700M+ Series E led by Alibaba, Hony Capital, and Citic Private Equity, aims to expand to 20 countries by end of 2017
Latest funding round led by Alibaba, Hony Capital, Citic PE — Investment is the biggest round for a bike-sharing company
Chinese bike-sharing service Ofo raises $450M Series D round at a $1B+ valuation from DST, Didi Chuxing, and others
and yet a new unicorn http://www.bloomberg.com/...