ofo Inc.

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ofo Inc. - overview

Established

2014

Location

Beijing, -, China

Primary Industry

Consumer Services

About

Founded in 2014 and based in Beijing, China, ofo Inc. doing business as ofo or ofo Bicycle, operates bicycle sharing and rental services and mobile application in China, Hong Kong, Singapore, and other countries. In 2017, the company owned and operated more than 10 million bicycles in 20 countries. In 2020, the company experienced financial difficulty and stopped operating bicycle rental services.


The founder of the company is Wei Dai. Ofo Inc. operates a mobile application known as Ofo Bicycle that lets users borrow and rent nearby bicycles. Users can use digital payment platforms such as WeChat Pay and Alipay to pay the rental fees.


Ofo Inc. operates business and province bicycle rental services in countries such as China, Hong Kong, Singapore, Macau, Malaysia, etc.


Current Investors

Weilie Capital, Hongdao Capital, GSR Ventures

Primary Industry

Consumer Services

Sub Industries

Consumer Services, Travel & Leisure, Social Networking & Communication Platform

Website

www.ofo.so/#/

Verticals

Mobile Apps

Total Amount Raised

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