Ofo

Dockless bike-sharing business model “a joke” says urban transport expert

Suggests schemes can only survive long-term with government subsidies

7

Ofo HQ besieged by customers seeking refunds

Firm suffering cash flow problems in hugely competitive market

o

Video: Seattle police hunt man suspected of cutting brake cables on dockless share bikes

Suspect was caught on CCTV apparently snipping brake cables on Ofo bikes in city in Washington State

10

Dockless bike-share firm Mobike set to be sold for $2.7 billion

Three-year-old company now operates in more than 200 cities worldwide and is vying with Ofo for market leadership

5

Dockless bike share firm Ofo to start operations in a fourth London borough

Chinese giant will be joined in Redbridge by Ireland's Urbo in north east London borough from 2 March

5

London Assembly report calls for tighter regulation of dockless bike-share schemes

Transport committee's report on transpotr of the future also calls for schemes to be rolled out London-wide

11

Department for Transport to host meeting between dockless bike share operators and local authorities

Issues to be discussed will include drawing up national standards for the schemes as they expand throughout UK

4

Eight big cycling business news stories from 2017

From Rapha to Vulpine and Evans Cycles to Bike Direct, here's some of the companies in the news this year

o

World domination in its sights as Ofo raises $1 billion in funding

Aggressive roll out from dockless cycle share firm has seen many new cities encompassed

1

Mobike v Ofo as Islington allows rival dockless bike share firms to compete

It’s previously been reported that the two firms have been discussing a possible merger

1