OFO
Ofo is the first Official Unicorn in China’s Upcoming Bicycle Rental Industry
| Girish Shetti | | Mar 01, 2017 08:44 AM EST |
China's bicycle rental sharing start-up Ofo has achieved the coveted unicorn status with its latest fund raising exercise that was led by the Russia's DST. Ofo raised $ 450 million in its Series D round of funding to hit a valuation of $1 billion.
China to Go Environment-Friendly with ‘Uber for Bikes’
| S. Rina | | Oct 22, 2016 02:32 PM EDT |
China is taking an innovative step to fight environmental pollution, as ride-sharing for bikes is now being introduced.
China's Bike-Sharing Apps Mobike, oFo Secure $200M Investment: Report
| Charissa Echavez | | Oct 02, 2016 11:03 PM EDT |
China's two biggest bike-share startups, Mobike and oFo, have separately raised large investments for further expansion.
China's Didi Chuxing Invests in Bike-Sharing Startup Ofo
| Charissa Echavez | | Sep 26, 2016 07:00 AM EDT |
China's ride-hailing app Didi Chuxing announced on Monday it has invested "tens of millions of dollars" in Chinese bike-sharing startup called ofo.
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