bike-sharing, ofo

Startup Adventures: The Wild Story of China’s Bike Sharing Company Ofo

Ofo was once the poster child of China’s entrepreneurial spirit, with state media even hailing the company as one of the four great inventions of the country in modern times. However, the bike-sharing firm is now facing bankruptcy, unable to pay back even the money of its users. Ofo’s rise and crash Ofo was founded ...

Armin Auctor

An Ofo shared bike.