OFO

Mobike Rolls Out Electric Fences to Reinforce Shared-bike Parking Guidelines in Shanghai

Mobike Rolls Out Electric Fences to Reinforce Shared-bike Parking Guidelines in Shanghai

Mobike Technology, one of China’s two biggest bike-sharing operators, has rolled out electronic fences to prevent inappropriate parking of shared bikes in Shanghai.

Jun 20, 2018
Liao Shumin
Beijingers Miss Out on Deposit-Free Bike Sharing; Firms Don't Expect Revolt

Beijingers Miss Out on Deposit-Free Bike Sharing; Firms Don't Expect Revolt

China’s top bike sharers Mobike, Ofo and Hellobike have all recently adjusted their deposit-free riding policies, but left one city in the dark: Beijing.

Jun 15, 2018
Liao Shumin
Ofo Denies Embezzling Around USD1.6 Billion in User Deposits

Ofo Denies Embezzling Around USD1.6 Billion in User Deposits

Beijing Bikelock Technology, the firm behind leading bike sharer Ofo, has denied misappropriating user funds worth over CNY10 billion (USD1.6 billion).

Jun 11, 2018
Liao Shumin
Mobike Adds 100 Cities to List of Deposit-Free Riding Zones

Mobike Adds 100 Cities to List of Deposit-Free Riding Zones

Beijing Mobike Technology, one of the world’s biggest cycle sharers, has unveiled plans to unconditionally offer deposit-free riding across 100 more Chinese cities.

Jun 11, 2018
Xu Wei
Singapore Warehouse Peddles Ofo Bikes Over Unpaid Bill

Singapore Warehouse Peddles Ofo Bikes Over Unpaid Bill

Singapore Warehouse Peddles Ofo Bikes Over Unpaid Bill. Ofo’s troubles have spread to its overseas operations with reports that a…

Jun 11, 2018
Liao Shumin
Ofo Slams Brakes on Mass-Layoffs Rumor

Ofo Slams Brakes on Mass-Layoffs Rumor

Bike-sharer Ofo has hit back at recent reports of large-scale layoffs stemming from a cash crunch at the firm, known for its iconic yellow bikes.

Jun 5, 2018
Qiu Zhili
Bike Sharer Ofo Faces Massive Layoffs Less Than Three Months After USD866 Million Injection, Insider Sources Say

Bike Sharer Ofo Faces Massive Layoffs Less Than Three Months After USD866 Million Injection, Insider Sources Say

Chinese bike sharing firm Baike Luoke Technology which operates a popular Ofo platform, has embarked on large-scale layoffs due to…

Jun 4, 2018
Xu Wei
Ofo Suspends Deposit-Free Service in 20 Cities, Introduces Top-Up Packages to Use Its Bikes

Ofo Suspends Deposit-Free Service in 20 Cities, Introduces Top-Up Packages to Use Its Bikes

China’s major bike-sharing operator Beijing Bikelock Technology, better known as Ofo, has suspended its deposit-free service in most Chinese…

Jun 1, 2018
Liao Shumin
China's Mobike Pedals to Rival Ofo, Ola in India With First Battle Set in Pune

China's Mobike Pedals to Rival Ofo, Ola in India With First Battle Set in Pune

China's Mobike Pedals to Rival Ofo, Ola in India With First Battle Set in Pune. Mobike Technology, one of China's…

May 28, 2018
Xu Wei
Ofo Denies Reported Pay Cuts, Layoffs, May Move Forward With Bike Body Adverts

Ofo Denies Reported Pay Cuts, Layoffs, May Move Forward With Bike Body Adverts

Ofo, one of China’s big two bike-sharing brands, has refuted claims it could bring in a round of pay cuts…

May 28, 2018
Xu Wei
Ofo Doubles Number of Its Bikes in Singapore to Meet Demand While Scaling Back in China

Ofo Doubles Number of Its Bikes in Singapore to Meet Demand While Scaling Back in China

China’s major bike-sharing operator Beijing Bikelock Technology Co., better known as Ofo, has doubled the number of its bikes in…

May 18, 2018
Xu Wei
Ofo Turns to Blockchain to Solve Bike-Sharing Challenges

Ofo Turns to Blockchain to Solve Bike-Sharing Challenges

Leading Chinese bike-sharer Ofo aims to tap cutting-edge blockchain technology in its efforts to combat problems related to the management of its trademark yellow bicycles in urban areas.

May 17, 2018
William Clegg