A boy had broken the lock of an Ofo bike and was riding against traffic when a bus ran into him. Zoey is CNET's Asia News Reporter based in Singapore. She prefers variety to monotony and owns an ...

Beijing-based, bike-sharing startup Ofo has raised $866 million in new financing led by Alibaba Group to fuel its expensive competition with Mobike, which is backed by Tencent, one of Alibaba’s ...

An Ofo bicycle sits on a Fremont street as a BMW ReachNow passes by. This is transportation in Seattle, 2017. (GeekWire photos / Taylor Soper) Welcome to Seattle, yellow bikes. Beijing-based Ofo just ...

Chris Taylor in downtown Seattle. He leads Ofo’s business in the US, where the company has 40,000 bikes Image: Ian Coble for Forbes A van pulls up to a warehouse on the south side of Seattle, ...

They arrived off the back of a tractor-trailer last September, a sea of yellow. When the $3 billion Beijing-based bicycle share company ofo decided to test the waters of dockless $1 an hour bicycle ...

The latest evolution of bike-share programs is taking its first Colorado foothold in Aurora. The city launched a bike-share permit program Oct. 2 that has already attracted two companies — Ofo and ...

Bike-sharing schemes are riding into cities around the world with increasing frequency, offering locals and visitors another way to get around town. Marking its arrival in the U.S. market, Chinese ...

A van pulls up to a warehouse on the south side of Seattle, unloading yellow bikes and placing them in a repair line. It looks nothing like the bicycle graveyards found outside repair shops in China, ...

HONG KONG (Reuters) - Chinese startup Ofo is in talks to raise $1 billion (764.12 million pounds) in a new funding round led by Japan's SoftBank Group <9984.T>, people familiar with the matter said, ...

Chinese bike-sharing firm Ofo has announced a new pricing scheme for its shared bikes following the introduction of a licensing fee by the Land Transport Authority (LTA). Under LTA’s new licensing ...