ofo is officially banned from Singapore operations
Due to failure in providing justification on why its license shouldn’t be revoked, Chinese bike-sharing service ofo has lost its license to operate in…
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ofo
Ofo claims operations are ‘normal’ despite bankruptcy application
In a post on microblogging platform Weibo Tuesday evening, troubled bike-rental company Ofo denied reports of impending bankruptcy and maintained that the…
ofo urges users to transfer deposits to online loan platform
Bike rental firm ofo today (November 23) began urging its users to transfer their existing deposits in the app to online loan platform PPmoney as…
Ofo moves its Beijing headquarters in midst of cash crunch | Digital Asia
Digital Asia News UpdateIn late September, news leaked that Ofo workers had deserted en masse their Beijing office, which once hosted the likes of Sina…
Hello TransTech reportedly in negotiations to acquire ofo | Digital Asia
Digital Asia News Update
Bike rental and ride hailing startup Hello TransTech, previously known as Hello Bike, is reportedly in negotiation to acquire…
Ofo denies using GSE cryptocurrency for fundraising | Digital Asia
Digital Asia News Update
Troubled bike rental platform ofo has denied media reports claiming that it used a digital currency called GSE (Global sharing…
Briefing: ofo denies claims it can’t pay employees | Digital Asia
Digital Asia News UpdateThe article Briefing: ofo denies claims it can’t pay employees was written by Christopher Udemans for TechNode.
Ofo Denies…
Alibaba denies the rumor that it has lent RMB 60 million to Ofo | Digital…
Digital Asia News Update
Rumors started Tuesday morning that China’s tech giant Alibaba has lent bike sharing company ofo RMB 60 million to help them pull…