The Alibaba-backed company is pivoting to ecommerce and offering rebates in lieu of returning deposit money
The bike-sharing company quit Manchester last year because of vandalism
Founders of Ofo, LeEco and now Smartisan have to navigate China’s punishing debtor blacklist
Ofo was once one of the biggest bike sharing platforms in the world, with a plan to capture 200 cities by 2017. But the end of the bike sharing boom hit Ofo hard.
Mobike and others raise fees to save business following collapse of the once-leading Ofo
Remember when everyone loved bike sharing in China? And then remember when the bubble burst? Now users are trying to get their deposits back from one of the industry's fallen stars, Ofo. The trouble is, there's quite a lot of people trying to get refunds: Over 9 million people, according to Ofo's app. That's leading people to some unorthodox methods to get their US$29 back.
Bike rental firm is trying to find new ways to make money
While the mayor condemns the mess, fans accuse the government of pushing Ofo out
The environmental impact of China’s bike-sharing industry