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dockless bike oversaturation

How Did Ofo’s Ebike Expansion Strategy Reshape China’s Urban Mobility?

Ofo’s ebike expansion in China aimed to revolutionize urban transportation by deploying dockless, app-based bikes. Launched in 2014, it focused on high-density cities like Beijing and Shanghai, leveraging aggressive pricing, GPS-enabled bikes, and partnerships with local governments. However, oversaturation, financial …