Bike-shar­ing firm Ofo en­ters Malaysia

China Daily (Hong Kong) - - CHINA -

Ofo, one of China’s lead­ing bike-shar­ing com­pa­nies, an­nounced an ex­pan­sion into Malaysia on Thurs­day, two days af­ter it en­tered the Thai mar­ket. A to­tal of 500 of Ofo’s yel­low bikes have been placed in Malacca. The num­ber is ex­pected to grow to some 2,000 by the end of Au­gust. Malaysia is the sixth over­seas mar­ket for Ofo, fol­low­ing Sin­ga­pore, the United States, Bri­tain, Kaza­khstan and Thai­land.

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