20-07-2018 20:43 via feeds.bizjournals.com

Dallas says goodbye bright yellow Ofo bikes

Contraction is coming to the world of shared bikes and scooters in Dallas.Chinese dockless bike company Ofo announced Thursday it would cease operations in the city after rolling out its bright yellow bikes in November.The company is dramatically scaling back its operations across the United States to focus on a handful of markets after its initial expansion left it over-extended and cash-strapped, according to multiple media reports.
A company spokesman confirmed in an emailed statement that&he
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