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Alibaba Group-backed bicycle-sharing company Ofo closes India operations

The firm had put dockless bicycles in various campuses and gated communities

Topics
Ofo Bikes  |  Alibaba  |  Bicycles

Gireesh Babu  |  Chennai 



Ofo, bicycle, cycle
Photo courtesy: Wikimedia Commons

In less than six months from launching its operations in seven cities in India, Group-backed Chinese dockless bicycle-sharing company Ofo has decided to shut down its operations. The company has around 30 employees in India.

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First Published: Wed, July 11 2018. 02:29 IST

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