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Ofo claims that this is the largest amount raised in a round by a bike-sharing company so far. Other participants in the round, which consists of equity and debt financing, included Ant Financial Alibaba Group s financial affiliate , Haofeng Group, Tianhe Capital and Junli Capital. Alibaba Group also led Ofo s $700 million Series E round last year, which was announced one month after Mobike disclosed that it had received a $600 million Series
stanley italia E led by Tencent.In a press statement, Ofo founder and chief executive officer Dai Wei said As the global leader in the bike-sharing sector, Ofo has been transitioning from a phase of rap
stanley quencher id growth to a stage of high-quality development. Ofo will continue to put our customers first and lead the bike-sharing industry with technological innovation and efficient operations. Founded in 2014, Ofo, claims it now has a total of 20
stanley cup 0 million users, who generate 32 million transactions each day on its platform.Both Ofo and Mobike have reached v Xzxl Tablo launches its next-gen DVR for cord cutters, the more compact Tablo DUAL
David CowanContributorDavid Cowan is
stanley cup a partner at Bessemer Venture Partners and one of the world s leading investors across cloud infrastructure, cybersecurity, consumer and space technology. More posts from David CowanSpace is open for businessSpaceTech Is Venture Capital s Final Frontier
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