Chinese bike-sharing company Ofo is entering a new phase. After a period of aggressive growth, the company is looking back at its international markets and focusing on the most promising ones.

Yesterday, Beijing News reported that a fifth-floor sign for “ofo little yellow bikes”(“ofo小黄车”) was posted at the new spot, the Internet Finance building. According to a Caijing report earlier that ...

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Not so long ago, Chinese bike-sharing firm Ofo was flush with cash and hailed as a game-changing tech startup. Today, it’s struggling to stay afloat. Backed by billions of dollars from high ...

Chinese bike-sharing start-up Ofo said it is scaling back its U.S. operations and pulling out of several cities, including the nation’s capital. The company is closing out operations in the ...

Seattle Ofo customers who prepaid for rides will be refunded according to an email the bikesharing company sent this week. Ofo is shutting down operation in Seattle August 31. The company promises ...

Chinese bike-sharing startup Ofo is backpedaling on its US business. Less than a year after launching in the United States, Ofo now says it is laying off staff across the country and pulling out ...

Hundreds of yellow Ofo rental bikes that once populated downtown Dallas sidewalks are now in a heap at CMC Recycling's facility on Good Latimer Expressway.(Vernon Bryant / Staff Photographer ...

Have you rented a LimeBike or an ofo for a quick trip to the store? Or to get from a distant bus stop to your house? Or for a weekend jaunt? If so, you’ve also given up your right to take the ...