23 Dec Bike-sharing firm Ofo’s dramatic fall a warning to China’s tech investors
On the sidewalks of
Shanghai and Beijing, once bright-yellow Ofo bicycles lie in
varying states of disrepair – chains unhooked, wheels buckled
and paint starting to fade – reflecting the quick rise and sharp
fall of the Chinese bike-sharing startup.
Shanghai and Beijing, once bright-yellow Ofo bicycles lie in
varying states of disrepair – chains unhooked, wheels buckled
and paint starting to fade – reflecting the quick rise and sharp
fall of the Chinese bike-sharing startup.
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