#HTE

 There can be no hype without a unicorn. China’s newest startup money pit — bicycle rentals on-demand — now has its first billion-dollar valued company. The industry has sucked in more than $300 million from investors this year alone — that’s counting just one company — and now Ofo has become the first in the space to reach the much-coveted $1 billion… Read More
https://techcrunch.com/2017/02/28/ofo-300-million-series-d-unicorn/?ncid=rss
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