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ofo (/ ˈ oʊ f oʊ /) was a Beijing-based bicycle sharing company founded in 2014. It used a dockless system with a smartphone app to unlock and locate nearby bicycles, charging an hourly rate for use. In 2017, the ofo company had deployed over 10 million bicycles in 250 cities and 20 countries.
Bicycle ownership continued to increase following the transition to a free-market economy in the late 1970s and 1980s, and production reached 41,401,000 per year in 1988. Rationing of bikes was lifted and prices fell dramatically. By 1990, ownership rates increased to 118.3 per 100 households in rural areas and 188.6 per 100 household in cities.
This affected about 32,000 units manufactured by the Shun Lu Bicycle Company, of Guangdong, China, whose frame can crack while in use, causing the rider to lose control and suffer injuries from a fall or collision. This recall involves Triax PK7 (model 8509-24) and Vertical PK7 (model 8596-71T) 20-inch aluminum cushion framed bicycles.
This page lists notable bicycle brands and manufacturing companies past and present. For bicycle parts, see List of bicycle part manufacturing companies.. Many bicycle brands do not manufacture their own product, but rather import and re-brand bikes manufactured by others (e.g., Nishiki), sometimes designing the bike, specifying the equipment, and providing quality control.
Mobike (Chinese: 摩拜单车; pinyin: mó bài dān chē), also known as Meituanbike, founded by Beijing Mobike Technology Co., Ltd. (Chinese: 北京摩拜科技有限公司), is a fully station-less bicycle-sharing system headquartered in Beijing, China. It is, by the number of bicycles, the world's largest shared (for hire) bicycle operator ...
Phoenix exports bicycles to more than 50 countries and earns more than US$60 million annually. [1] Since then the trademark Phoenix, one of the first top-ten well-known trademarks in China, has been registered in 104 countries. Phoenix bicycle is the Chinese Nation’s special-supported export product. When foreign leaders visited China they ...
According to the company, each of the system's bikes costs about NT$10,000 (US$330) because they are designed to withstand frequent use. The bicycles are built to be used 13 times a day on average, much more often than the twice daily use that most other bicycles average. [11] Each bicycle has an RFID tag for vehicle tracking and theft ...
Wukong Bicycle (Chinese: 悟空) was a bicycle-sharing company based in Chongqing, China. The company operated a fleet of 1,200 bicycles in Chongqing from January to July 2017, ceasing operations after 90 percent of their bicycles were reported missing.