Investments

ofo

Website

www.ofo.so

Location

Beijing, China

GSR Team

Allen Zhu


ofo, a next-generation bike share startup, was founded in April 2014 by five cycling enthusiasts from Peking University. By only entering a license plate number via a mobile app such as WeChat, a customer can immediately access a password to unlock a bicycle. ofo has deployed nearly 70,000 shared bicycles, providing its service to more than 1.5 million teachers and students in 20 cities across China. Since its launch, ofo has already received more than 15 million orders, and its service is used more than 500,000 times per day.

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