LINE

Text:AAAPrint
Economy

Ofo enters cities in Spain, Portugal

1
2017-10-18 09:35Global Times Editor: Li Yan ECNS App Download

Chinese bike-sharing services provider ofo on Tuesday announced plans to enter Spain and Portugal, which will be its seventh and eighth markets in Europe.

Ofo bikes will be available in Madrid and Cascais, a step forward to achieve its annual target of expansion into 20 countries and regions by the end of 2017.

Chinese bike-sharing companies like ofo and Mobike have been expanding aggressively in overseas markets this year. Ofo and Mobike investors were reportedly in early talks to push China's two largest bike-sharing platforms into a merger, Bloomberg reported earlier this month. Both companies subsequently denied any such plans.

  

Related news

MorePhoto

Most popular in 24h

MoreTop news

MoreVideo

News
Politics
Business
Society
Culture
Military
Sci-tech
Entertainment
Sports
Odd
Features
Biz
Economy
Travel
Travel News
Travel Types
Events
Food
Hotel
Bar & Club
Architecture
Gallery
Photo
CNS Photo
Video
Video
Learning Chinese
Learn About China
Social Chinese
Business Chinese
Buzz Words
Bilingual
Resources
ECNS Wire
Special Coverage
Infographics
Voices
LINE
Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2018 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.