ofo users may reach 2 billion

Source: Xinhua | 2017-12-28

BIKE-SHARING company ofo said yesterday that it now sees 32 million rides every day.

The company has 10 million shared bikes globally and 200 million users in 250 cities around the world, said its Vice President Xiang Jigui.

“Riding is a gigantic market. According to our calculation, ofo users could reach 2 billion in the future,” he said.

“Shared bikes could provide great space for development for the Internet of Things. Imagine street lights turning on or off with the arrival of ofo riders.”