PHOENIX — A new bike share company is rolling into the Valley. Ofo, a dockless bike share system, has officially begun operating in Mesa. The service is accessible fully through a mobile application, ...

BEIJING/SHANGHAI (Reuters) - 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 - ...

CORRECTION: An earlier version of this story stated that the Land Transport Authority (LTA) has cancelled ofo’s operating license. This is incorrect. LTA has issued a Notice of Intention to cancel the ...

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-profile ...

Some see them as something to celebrate – others as a nuisance, or even a threat. But for the past two months, the shareable bikes that have exploded around Durham have generally just been a curiosity ...

The bike sharing company is running five-second video adverts when users open the app to unlock a bike. Coca-Cola and Chips Ahoy are among the first brands to use the new platform. The move is the ...

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 of ...

Chinese bike-sharing startup Ofo has raised $1 billion (£750 million) from investors, according to a report in The Financial Times on Thursday. The Beijing headquartered company reportedly raised the ...

China’s bike wars are set to go international as the country’s leading bike sharing apps prepare to launch into new markets. China’s biggest bike-sharing startups Ofo and its rival Mobike have ...

Chinese dockless bike-sharing company Ofo announced plans to put 150,000 of its cycles on London's streets as rival Mobike brought more of its bikes to the British capital over the weekend. Mobike ...

In February last year, a tiny coffee store with red neon signs opened at Gramercy Park, one of the most idyllic neighborhoods in New York City. The shop, labeled About Time Coffee, soon spawned four ...