Latest News
Chinese bike-sharing company ofo to enter India
Last Updated: 2017-11-30 10:01 | Xinhua
 Save  Print   E-mail

Chinese bike-sharing company ofo is set to enter India, the company announced Wednesday.

An agreement has been reached and bikes are being transported to India, according to ofo. The bikes will initially be available in Chennai, Bangalore, Ahmedabad, and Indore. They can be used free of charge with no deposit required until the end of 2017, the company said.

So far, ofo has announced services in 19 countries, with more than 10 million bikes available for 200 million users globally.

Rising from nowhere, China's bike-sharing industry reached a frenzy in less than three years. The two market leaders -- ofo and Mobike -- are both worth more than 10 billion yuan (1.5 billion U.S. dollars).

0
Share to 
Related Articles:
Most Popular
BACK TO TOP
Edition:
Chinese | BIG5 | Deutsch
Link:    
Xinhuanet | Chinadaily.com.cn | People's Daily Online | China.org.cn | CNTV | China.com | Global Times | Ecns.cn | China Youth International | Visit Beijing | Taiwan.cn
About CE.cn | About the Economic Daily | Contact us
Copyright 2003-2015 China Economic Net. All right reserved