Ofo, Pioneer of China’s Bike-Sharing Boom, Is in a Crisis by RAYMOND ZHONG and CAROLYN ZHANG
By RAYMOND ZHONG and CAROLYN ZHANG
The business model of the country’s typical tech start-ups — spend furiously to acquire new users, worry about profits later — wobbles as one company’s stock piles up on the streets.
Published: December 21, 2018 at 04:08AM
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Didi Chuxing, Meituan-Dianping, China, Bicycles and Bicycling, Start-ups, Urban Areas, Weibo Corporation, Beijing (China), Innovation