China bike-sharing firm Ofo in talks to raise $1 billion, led by SoftBank: sources

HONG KONG (Reuters) - Chinese startup Ofo is in talks to raise $1 billion in a new funding round led by Japan's SoftBank Group, people familiar with the matter said, in what would be the largest fund-raising in the nation's bike-sharing business.

from Reuters: Technology News http://ift.tt/2vdp9PZ