The rise and fall of bike-sharing company Ofo is a lesson for China’s tech investors

, , Comments Off on The rise and fall of bike-sharing company Ofo is a lesson for China’s tech investors

“It now appears bike sharing is the stupidest business, but the smartest brains of China all tried to get in,” Wu Shenghua, founder of now bankrupted bike-sharing company 3Vbike, told Reuters. “It rea…
( read original story …)