#Chinese bike rental firm #Ofo wasted a million bucks on the matching LLL .com

Chinese bike rental start-up, Ofo, is in deep trouble. The company with the trademark yellow bikes spent $100 dollars per bike with the manufacturer. Bike quality was dismal and half of the bikes, millions of them, would break and become unusable. Ofo spent more than $1.5 billion dollars it raised between 2016 and 2017 from […]

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