A worker from the bike share company Ofo puts a damaged bike on a pile at a makeshift repair depot for the company where thousands of derelict bikes are being kept after coming off the road on March 29, 2017 in Beijing, China. Photo: Kevin Frayer/Getty Images

Chinese bike-sharing start-up says it’s now worth more than US$2 billion

The sky’s the limit for Ofo: Over three million of the company’s bright yellow bikes can be found in more than 50 Chinese cities, and their wheels have already rolled abroad to London and Singapore

Topic |   CNBC

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A worker from the bike share company Ofo puts a damaged bike on a pile at a makeshift repair depot for the company where thousands of derelict bikes are being kept after coming off the road on March 29, 2017 in Beijing, China. Photo: Kevin Frayer/Getty Images
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