“Anything can happen”: Ofo and Mobike investors talk about bike-rental war

ZhenFund’s Grace Gu said that bike-rental companies will gear up this year to take a bigger share of the market, but she was skeptical on further funding rounds on these companies

On March 17, investors in both Ofo and Mobike took the stage at ChinaBang Awards 2017 to discuss the future of the bike-rental industry. Grace Gu, principal at Ofo-investor ZhenFund, and Xu Ying, Executive Partner of Mobike-investor Vertex Ventures talked about where they see the bike war heading.

“We...

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