Posted inChina

Ofo deposit refunds slower than claimed: report

Beijing-based ofo Inc, a cash-strapped bike-sharing platform that claimed to have been handling more than 10,000 deposit refunds per day, is probably only able to deal with around one-third of that figure, 3,500 applications, according to a media report. A reporter for the Chinese website was told by an ofo employee who wanted to stay anonymous that […]

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