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Monday, December 24, 2018

Bike-sharing firm Ofo's dramatic fall a warning to China's tech investors

On the sidewalks of Shanghai and Beijing, once bright-yellow Ofo bicycles lie in varying states of disrepair - chains unhooked, wheels buckled and paint starting to fade - reflecting the quick rise and sharp fall of the Chinese bike-sharing startup.


from Reuters: Technology News https://reut.rs/2LzaSlU

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