In leaked memo, Chinese bike sharing startup Ofo's founder says it is facing immense cash flow pressure and has considered applying for bankruptcy (Yuan Yang/Financial Times)
Yuan Yang / Financial Times:
In leaked memo, Chinese bike sharing startup Ofo’s founder says it is facing immense cash flow pressure and has considered applying for bankruptcy — Ofo, the Alibaba-backed bike-sharing service, has “immense” cash flow problems and has considered applying for bankruptcy, according to the company’s founder.
In leaked memo, Chinese bike sharing startup Ofo's founder says it is facing immense cash flow pressure and has considered applying for bankruptcy (Yuan Yang/Financial Times)
Source: Tech Meme
