Ofo develops an urban bicycle sharing platform operated via an online mobile application. The Company makes use of a "non-docking" platform to help solve urban traffic. Users, having the Ofo app, are able to receive a passcode which corresponds to the lock of the bike they are using. 
TypePrivate
HQBeijing, CN
Founded2014
Size (employees)664 (est)-5%
Websiteofo.com
Ofo was founded in 2014 and is headquartered in Beijing, CN
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Key People/Management at Ofo

Yu Xin

Yu Xin

Co-Founder
Dai Wei

Dai Wei

Co-Founder, CEO
Zhang Siding

Zhang Siding

Co-Founder
Yang Pinjie

Yang Pinjie

Co-Founder
Xue Dong

Xue Dong

Co-Founder
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Ofo Office Locations

Ofo has offices in Seoul, Singapore, Hong Kong, Bangkok and in 8 other locations
Beijing, CN (HQ)
No.58 North 4th Ring West Road, Haidian District, 10th Floor
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Ofo Financials and Metrics

Summary Metrics

Ofo's latest funding round in March 2018 was reported to be $866 m. In total, Ofo has raised $2.2 b. Ofo's latest valuation is reported to be $2 b.
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Ofo Revenue

Market valuation

2.0b
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Ofo Operating Metrics

Ofo's Registered Users was reported to be 250 m in Jun, 2018.
Feb, 2017Apr, 2017Jul, 2017Aug, 2017Mar, 2018Jun, 2018

Registered Users

20 m100 m200 m250 m

Bikes

6.50 m8 m15 m

Daily Rides

10 m

Rides

100 m
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Ofo Online and Social Media Presence

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Ofo News and Updates

Amid growing competition, Chinese bike-sharing pioneer Ofo sued for $10.2 million

Chinese bike-sharing pioneer and industry leader Ofo Inc. is being sued to the tune of $10.2 million for unpaid bills as competitors take a toll on the company’s profits. The Beijing-based outfit got off to a flying start after it was founded in 2014, soon deploying legions of bikes in around 250 c…

China's Didi, Ant Financial weigh joint $2 bln Ofo buyout: source

Chinese ride-hailing giant Didi Chuxing and Alibaba's Ant Financial are in talks with bike-sharing startup Ofo for a joint buyout offer that could value Ofo at up to $2 billion, according to a source with direct knowledge of the discussions.

CORRECTED-China's Didi, Ant Financial weigh joint $2 bln Ofo buyout -source

Chinese ride-hailing giant Didi Chuxing and Alibaba's Ant Financial are in talks with bike-sharing startup Ofo for a joint buyout offer that could value Ofo at up to $2 billion, according to a source with direct knowledge of the discussions.

China's Didi, Ant Financial weigh joint $2 billion Ofo buyout: source

Chinese ride-hailing giant Didi Chuxing and Alibaba's Ant Financial are in talks with bike-sharing startup Ofo for a joint buyout offer that could value Ofo at up to $2 billion, according to a source with direct knowledge of the discussions.

China's Didi, Ant Financial weigh joint $2 bln Ofo buyout -source

Chinese ride-hailing giant Didi Chuxing and Alibaba's Ant Financial are in talks with bike-sharing startup Ofo for a joint buyout offer that could value Ofo at up to $2 billion, according to a source with direct knowledge of the discussions.

Ofo shut down in many U.S. cities. Here’s what happens with all those bicycles.

The bright yellow Ofo bicycles came into our country fast and furious last August, but after barely a year in the United States, the app-enabled bike share company announced it was downsizing its presence in more than 30 U.S. cities down to a handful. But its 40,000 bicycles won't go to waste. Alr…
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Ofo Company Life and Culture

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