At its peak the Chinese bike-sharing startup had 6,000 bikes in several English citiesThe Chinese bike-sharing firm Ofo, known for its yellow bikes that users can leave in the street, is pulling out of London. At its peak, Ofo had around 6,000 bikes across London, Norwich, Sheffield, Oxford and Cambridge, according to numbers collated by the Guardian from press releases and local news reports. The firm pulled out of south London in October, restricting itself to the centre and north of the capital. Ofo previously had up to 3,000 bikes in London. The firm had up to 60 staff in the UK at its peak but later scaled back its workforce to just a handful.

Source: The Guardian January 10, 2019 14:57 UTC