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Asia Times

Asia Times

Covering geo-political news and current affairs across Asia

Tag: Deposit refunds

A resident uses the app of Chinese bike-sharing service ofo on his smartphone to rent a bicycle on the street in Shanghai. Photo: AFP
Posted inBeijing, China, Shanghai, Tianjin

Bike-sharing pioneer Ofo besieged by refund requests

by Asia Times staff December 19, 2018February 18, 2020

One of the major bike-sharing pioneers in China, Ofo, has received more than 10.13 million online applications for deposit refunds, as angry users besiege the company’s office in Beijing, The Paper reported. Users paid 99 yuan or 199 yuan in deposits to use the shared-bikes. Based on the company’s large user base, the total scale of […]

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