Ofo, Pioneer of China’s Bike-Sharing Boom, Is in a Crisis by RAYMOND ZHONG and CAROLYN ZHANG

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By RAYMOND ZHONG and CAROLYN ZHANG

The business model of many of the country’s tech start-ups — spend furiously to acquire new users, worry about profits later — wobbles as one company’s stock piles up on the streets.

Published: December 19, 2018 at 06:00PM

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