Sentences with word «ofo»
Investors listed on its website include some big names in Chinese business today, such as Wei Dai, founder of bike sharing company ofo.
cnbc.com
However, Apple is a major investor in Didi Chuxing (US$ 1 billion in Didi in May 2016) and Didi has invested heavily in ofo starting from their B + round in Septemeber last year worth US$ tens of millions.
each Didi and seize have also invested directly in bike - sharing startups Ofo and OBike, respectively.
An agency must submit the complaint file to OFO within 30 - calendar days of initial notification that the complainant has filed an appeal or within 30 - calendar days of submission of an appeal by the agency
With plenty of people using the service to pay for purchases and transfer money to contacts with digital wallets, it makes sense for Ofo to want to join forces and tap into a large user base that's already spending cash through their phones to rent its bikes out to them.
We are pleased to see usage numbers grow each month, and as the days get longer and the weather improves, we expect to see more and more Sheffield residents adopting ofo bikes as their go - to mode of transport»
Accompanied by ofo CEO Dai Wei, Cook visited the startup's headquarters in Beijing yesterday morning and tried out a yellow two - wheeler.
For rival Ofo, which just raised nearly $ 900 mln more from Alibaba and others, the riding gets tougher.
Just down the road, here's another operator - placed set of Ofo bikeshare bikes, near Mount Pleasant, right on the borough boundary line between Islington and Camden:
Unusually, the majority of the trips have taken place between 3 pm and 5 pm each day, proving that ofo users are not limited to commuters.
Mobike's biggest rival is another Chinese company called Ofo, which has been backed with $ 580 million (# 454 million) from the likes of Uber competitor Didi Chuxing and Russian - headquartered venture capital firm DST Global.
Ofo reportedly secured another billion dollars in funding this month, joining Mobike and a handful of smaller startups on a push into cities in Southeast Asia, Europe, and the United States.
The scramble for market supremacy between ofo and Mobike has expanded outside their home turf.
While ofo has expanded its footprint in Singapore, the U.S. and the U.K., Mobike announced yesterday the launch of its bike - sharing service in Singapore, marking its first foray into foreign markets.
In a statement posted to its Weibo account, Ofo said that it will work with Ant Financial, an Alibaba affiliate, on Internet and credit card payments and its international expansion plan.
By collaborating with its affiliates — including Hema, B2C e-commerce site Tmall, bike - sharing platform Ofo and mapping - services provider AutoNavi — Alibaba is working to create communities empowered by convenient, integrated online and offline services that are driven by the Chinese e-commerce giant's technology and infrastructure.
When it reported to the Conference in 2013 JACEI made no mention ofo recent and significant reports from Save the Children, UNICEF Lao and others that detailed examples of aggressive marketing by Nestlé.
I passed you every day on foot when I wasn't late for work or on a yellow OFO bike I rented for one kuai.
[Updated] Following Ofo's recent expansion to Islington and the City of London, Mobike has also expanded to Islington and the City — here's a set of operator - placed bikes outside Cally Road tube station:
Ofo appears to be mitigating the problem by getting local buy - in by engaging with the cycling community, and working with local bike shops to maintain its fleet.
In China, Ofo incentivizes users» good parking habits with points, while deducting from their score if they're found to be dumping them willy - nilly — and eventually blocking them from the platform if their score drops too low.
It isn't necessary to populate all the libraries, ofo course — if you're using Plex solely for TV shows, then go ahead and ignore all the other library entries.
Chinese ride - hailing giant Didi Chuxing announced a similar move in China in January, saying it will host bike - sharing partners such as Bluegogo and Ofo on a «multi-brand bike - sharing platform» within its app.
Earlier this year Ofo, China Telecom, and Huawei worked together on developing a narrowband IoT (NB - IoT) smart lock using Huawei's OpenLab, with the co-founder encouraging further collaboration on AI and IoT technology.
It's currently unclear what Gionee's partnership with Ofo will entail, though more details on the matter should surface shortly, with the company already confirming that the M7 Power is set to be officially announced come September 28.
The ride - hailing giant also participated in ofo's US$ 450 million Series D financing this March, led by Moscow - headquartered DST.
The company partnered with Beijing - based bike - sharing startup Ofo to launch the M7 Power, with its first promotional poster for the device hinting at a dual camera setup by having two bike wheels placed immediately below the placeholder render of the handset.
In his recent visit to China's capital, Apple CEO Tim Cook went to bike - rental company ofo's offices on Tuesday, fueling speculation about whether the American technology giant may invest in the Chinese bike - rental startup, our sister site TechNode Chinese is reporting (in Chinese).
Inspired by Ofo and Mobike's swift uptake in early 2016, rival companies followed suit and a mini-bubble surfaced.
Sun has assembled a strong team with heavy hitters including Binshen Tang (founder of Clash of King), Wei Dai (founder of ofo, the biggest shared bicycles provider in China), and Chaoyong Wang (founder of ChinaEquity Group).
• Ofo, a Beijing - based bike - sharing company, raised an undisclosed amount in funding, from Alibaba's financial arm, Ant Financial, according to TechCrunch.
In bike - sharing, you have three right now — Mobike, Ofo, and Hello - Bike.
Ofo, the Beijing - based bicycle sharing service, is preparing to make its first Latin America foray by entering Mexico, said Chris Taylor, who runs its U.S. operations.
The other major operator, Ofo, has drawn investments from e-commerce giant Alibaba and Didi, China's version of Uber, as the company's 2 billion 2017 bike - share trips started to eat into the short - distance ride - hailing market.
Finally, there are the Chinese bike - sharing companies, including Mobike and Ofo.
Uber, Lyft, Zipcar, Motivate, Ofo, Via, and nine other companies are now bound to «prioritize people over vehicles,» «support fair user fees,» and «open» and share their data, to name a few.
After a cull, the biggest survivors, Mobike and Ofo, will resist calls to form a monopoly.
Zhu Xiaohu, founder of GSR Ventures, an investor in bike - sharing startup Ofo, said in September that it is time to consider a merger of bike - sharing market leaders Ofo and Mobike, in a speech in Shanghai quoted in local media.
Ofo has registered 20 million users with the number of its yellow fleet bikes topping 1 million since June 2015.
Up to this point, Apple has not shown any direct interest in ofo.
LimeBike and Ofo will begin operating dockless bike sharing networks in San Diego on Thursday.The moves come after City Attorney Mara Elliott gave the legal OK.Environmentalists say dockless bike sharing could sharply increase use of bikes for commuting.
Ofo, the Chinese bicycle sharing company, has raised $ 1 billion or more from Alibaba, the Chinese eCommerce giant, and other investors.
Ofo's partnership with DiDi means that users can also search for bikes using DiDi's app.
Ofo, the Chinese bike - sharing startup that recently claimed unicorn status, announced this weekend that it has added Ant Financial as an investor.
iQiyi, Shenzhou Zhuanche, ofo, and many other big - name startups have also made the list.