About Ofo
Ofo is a company based in Beijing (China) founded in 2014 by Dai Wei. It operates as a B2C. Ofo has raised $1.87 billion across 12 funding rounds from investors including Alibaba.com, Didi and Ant Group. Ofo operates in a competitive market with competitors including Beryl, Mobike, Zoov, nextbike and HumanForest, among others.
- Headquarter Beijing, China
- Founders Dai Wei
- Stage Unicorn
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$1.87 B (USD)
in 12 rounds
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Latest Funding Round
$586 M (USD), Series E
Mar 13, 2018
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Investors
Alibaba.com
& 13 more
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Employee Count
Not available
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People of Ofo
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Funding Insights of Ofo
Ofo has successfully raised a total of $1.87B across 12 strategic funding rounds. The most recent funding activity was a Series E round of $586 million completed in March 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Ofo
Ofo has secured backing from 14 investors, including institutional and venture fund investors. Prominent investors backing the company include Alibaba.com, Didi and Ant Group.
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Diversified investments are managed across private equity and real estate.
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Investor details for Ofo
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Investments & Acquisitions by Ofo
Investment portfolio details for Ofo
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Financial Statements - Ofo
Detailed financials for Ofo
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Ofo Comparisons
Peer comparison for Ofo
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Competitors of Ofo
Ofo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Beryl, Mobike, Zoov, nextbike and HumanForest, among others.
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Online platform providing bicycle rental services
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App-based rental platform offering bicycles
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On-demand e-bike sharing is facilitated through a mobile app platform.
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End-to-end solutions for bicycle sharing
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App-based rental platform offering e-bicycle
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Online platform offering electric bicycle sharing system
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Detailed competitors of Ofo
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Ofo
Complete news archive for Ofo
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Frequently Asked Questions about Ofo
Ofo was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Ofo is headquartered in Beijing, China.
Dai Wei is the current CEO of Ofo. They have also founded this company.
Ofo is a funded company, having raised a total of $1.87B across 12 funding rounds to date.
Ofo, established in 2014, excels in providing transportation services, sharing economy, bicycle rentals, and free-float services. Operates a free-float bicycle rental platform for urban mobility. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
Ofo's top competitors include nextbike, HumanForest and Beryl.
Ofo has 14 investors. Key investors include Alibaba.com, Didi, Ant Group, CITIC Capital, and Tianhe Capital.
The valuation of Ofo is $2B as of Apr 2017.