Tags:AppDevelopmentInternetITLivingMobileOnlinePhonePlatformTransportation
Founded in 2014, ofo is the world’s leading “station-free” bike-sharing platform operated via an online mobile application. Our mission is to solve the "last mile"​ problem of urban transportation, helping commuters and travelers get to exactly where they need to go by making bikes accessible to everyone. As of today, we have successfully connected more than 8 million bikes in more than 170 cities in over seven countries. Our global community of users generates more than 25 million daily transactions. The ofo platform is easy to use. After downloading the ofo mobile phone app (iOS/Android), users may scan the QR code or enter the plate number displayed on each bike to receive a passcode and unlock it. Our bike-sharing system requires no docking stations, providing significant flexibility for users to find and return bikes anywhere, anytime. Once they reach their destination, the user may park the bike anywhere that is legitimate, convenient, and easy for the next user to access. But ofo does more than help commuters and travelers access bikes for getting around their cities. As a partner of the UN Development Programme, we are focused on achieving Global Sustainability Goals and promoting green and healthy living, and we have also launched a partnership with Rihanna's Clara Lionel Foundation to provide bikes and scholarships for schoolgirls in Malawi.
Member count: 51-200
Total raised: $830M
Founded date: 2014

Investors 1

DateNameWebsite
-Atomicoatomico.co...

Funding Rounds 2

DateSeriesAmountInvestorsDeal News
11.07.2017Series E$700M-finsmes.co...
12.10.2016Series C$130M-dealstreet...

Mentions in press and media 14

DateTitleDescriptionCategoryAuthorSource
26.08.2017Hardware u...Four years ago, when the first...-Benjamin J...venturebea...
26.08.2017Hardware u...We are excited to bring Transf...-Benjamin J...venturebea...
28.07.2017Term Sheet...CRYPTO WEEK CONTINUES Happy F...--fortune.co...
11.07.2017ofo Raises...ofo, a Beijing, China-based bi...China-finsmes.co...
06.07.2017Term Sheet...THREE UNRELATED THINGS FALSE ...--fortune.co...
13.06.2017BART is te...There are few feelings worse t...BART, bicy...John Manne...techcrunch...
12.06.2017Mobike wil...Mobike, one of China’s largest...bike shari...Catherine ...techcrunch...
25.04.2017Term Sheet...MONEY-LOSING HOUSE OF HORRORS ...--fortune.co...
23.04.2017Alibaba’s ...Ofo, the Chinese bike-sharing ...alibaba, A...Catherine ...techcrunch...
15.04.2017A new on-d...While Uber’s woes take center ...bike shari...Connie Loi...techcrunch...
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