
The Battle of the Bike Share Behemoths
Reading Time: 2 minutesBike share might be slow in taking off in in Ottawa, but in other parts of the world it is serious business. There is currently a bit of showdown happening in China between the two main bike share behemoths in the bike share world: Ofo and Mobike. Ofo The two largest Chinese bike share companies are looking to expand. Ofo just announced it will start a bike share system with 500 bikes in Cambridge, UK. In February 2017, Ofo raised no less than 450 million USD. It is also working on the introduction of bike shares in Silicon Valley and Singapore. [Read more…]