Bicycle Rental Industry
Ofo is the first Official Unicorn in China’s Upcoming Bicycle Rental Industry
| Girish Shetti | | Mar 01, 2017 08:44 AM EST |
China's bicycle rental sharing start-up Ofo has achieved the coveted unicorn status with its latest fund raising exercise that was led by the Russia's DST. Ofo raised $ 450 million in its Series D round of funding to hit a valuation of $1 billion.
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