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G5-Chinese Tech Giant’s New Bet: Bike Sharing (ofo's Establishment,…
G5-Chinese Tech Giant’s New Bet: Bike Sharing 
Mobike and Ofo
:red_flag:Mobike
:check:Advantages
1.There are GPS systems that are convenient for consumers.
2.Goal: Create a stylish and high-tech bike.
3.Reduce the cost of maintenance.
4.Innovation.
5.Mobike bike App.
6.Have a clear market positioning.
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:red_flag:Challenges
1.The market is highly competitive.
2.Business operations trouble.
3.Government departments strictly limit.
4.Planning of Chinese cities.
5.Mobike improves the user experience, but at high cost.
6.Low cost to capture the market, but the high maintenance costs.
:red_flag:Ofo
:check:Advantages
1.The comfort of riding is better.
2.Bicycle price is cheaper, take the classic.
3.Strategy: Bicycle occupation of the campus.
4.Providers use Ofo all bikes for free.
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Ofo VS Mobike
Different :star:
- Compared with Mobike's management team, Ofo several co-founders are Peking University graduates.
- The mode of operation and Ofo obviously different, Mobike attention to technological innovation，But Ofo attention to the number of bicycles.
Same :star:
- Relieve pressure on public transport and air pollution.
- Public bicycle service on the mobile Internet platform, in the allocation of resources and purchase payments, to achieve the far more than the public sharing of cycling flexibility and convenience.
- Use smart phone applications to unlock the bike and pay the fare, at the end of the trip can be free to stop the bike on the roadside.
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ofo's Establishment
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Financing
2016~2017
Expand business
China, Singapore, the UK, and Kazakhstan. and the US city
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Slogan
Riding can be more relaxed and anytime, anywhere can ride
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