Chinese bicycle sharing firm ofo is planning to withdraw its current operations from Japan, only months after it entered the world’s second-largest developed economy, according to a Japanese local media. Local governments of the three cities, namely Otsu, Wakayama and Kitakyushu, have received notices from the bike-rental giant of its plan to withdraw, Japanese media […]

Alibaba-Backed Bike-Sharing Firm Ofo To Withdraw Services From Japan appeared first on China Money Network.