Ofo is reportedly partnering with Paytm to bring bike-sharing to India
Jan15
Chinese bike-sharing company Ofo is slated to launch its platform in India today, in partnership with mobile payment service Paytm, reports Livemint. The Beijing-based firm is expected to make its bikes available in major cities like Bangalore, Chennai, Indore, Ahmedabad, and Pune; it’s already signed an MoU with the Pune Municipal Corporation last week. With that, Ofo will add to its long list of more than 250 cities in which it operates across 20 countries. The company, which counts Alibaba among its shareholders, claims to have more than 200 million users worldwide. According to the Times of India, Ofo has…
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