Dockless scooter sharing start-up Bounce has acquired India assets of Chinese bicycle-sharing firm ofo, marking its entry into the bicycle sharing space. As part of the acquisition, around 5,000 bikes of ofo India have been rebranded into Bounce. Some members of ofo’s management team have joined Bounce. Financial terms of the acquisition are yet to […]

Tencent-Backed Motorbike Renting Platform Bounce Acquires Ofo’s Assets In India appeared first on China Money Network.