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ofo

http://www.ofo.com/
Last activity: 01.05.2024
Active
Mentions
11

Overview

Employees
1001-5000
Total raised
$866M
Founded date
2014

Funding Rounds 1

DateSeriesAmountInvestors
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Mentions in press and media 11

DateTitleDescription
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Aug 17, 2018Ofo quits Seattle by end of month, bikes beyond repair sold as scrap metalChinese dockless bike sharing company Ofo will be leaving US city Seattle on August 31st, amidst permit regulation issues, it told affected users in an email Monday as reported by Geekwire. Ofo is in massive retrenchment globally. Users in ...
Aug 3, 2018Term Sheet — Friday, August 3WALL STREET + CRYPTO Good morning, Term Sheet readers. Paid Content What you need to know about growing cyberattacks From ExtraHop One of the most powerful players on Wall Street, along with some of America’s leading companies, is launching...
Jul 19, 2018Ofo shuts down many international markets to focus on profitabilityChinese 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. A couple of weeks ago, the company issued a pre...
Jul 19, 2018Ofo to Lay Off 70% of U.S. Workforce and Shut Down Operations in Multiple U.S. CitiesThe Chinese bike-sharing startup ofo confirmed with Quartz that the company is laying off employees in its North American marketing, communications, and engineering teams, along with its recent withdrawal from other markets. About 70 percen...
Mar 14, 2018Term Sheet — Wednesday, March 145 Qs WITH A DEALMAKER Jillian Manus, a managing partner at Structure Capital and a judge on “The Pitch” podcast, had a circuitous path to venture capital. Paid Content How can you protect what you can't see? From ExtraHop “I was in a domest...
Mar 12, 2018Chinese bike-sharing startup Ofo raises $866M in new financing led by Alibaba GroupBeijing-based, bike-sharing startup Ofo has raised $866 million in new financing led by Alibaba Group to fuel its expensive competition with Mobike, which is backed by Tencent, one of Alibaba’s biggest rivals. Ofo and Mobike are the two lar...
Feb 14, 2018Стартап-экосистема Гонконга: стоит ли выходить на этот рынокАвтор Telegram-канала «Мобильная Азия» разобрался, как живут стартапы в Гонконге, и есть ли в этом городе место для новых проектов. 11 11 комментариев 2515 просмотров Долгое время Гонконг входил в состав Британской империи, но всё изменилос...
Nov 17, 2017The Future of Bike Sharing with Ofo Cofounder Yanqi Zhang and Anu HariharanYanqi Zhang is a cofounder and COO of Ofo. Anu Hariharan is a Partner at YC.
Nov 17, 2017The Future of Bike Sharing with Ofo Cofounder Yanqi Zhang and Anu Hariharan Subscribe TranscriptYanqi Zhang is a cofounder and COO of Ofo. Anu Hariharan is a Partner at YC.
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FAQ about ofo

When was ofo founded?

ofo was founded in 2014.

How much funding has ofo raised?

ofo has raised $866M in total across 1 funding round.

What has the press written about ofo?

Parsers VC has collected 11 articles mentioning ofo, among them “Ofo quits Seattle by end of month, bikes beyond repair sold as scrap metal” (Aug 17, 2018) and “Term Sheet — Friday, August 3” (Aug 3, 2018).

Is ofo still active?

Yes, ofo is active; its latest activity on Parsers VC dates from May 1, 2024.