Chinese bike-sharing firm Ofo is set to commence operations in Prague 2014, with around 1,000 bikes being available to rent for approximately 20 crowns per hour. Customers will be required to download a mobile app to locate the nearest bike, pay for it and use it. Stolen bikes can be tracked thanks to a GPS navigation feature. The company has taken in around $1.3bn since launching in this year and currently operates in 200 cities, with plans to expand into Central and Eastern Europe.
Chinese bike-sharing firm Ofo is set to commence operations in Prague this year, with around 1,000 bikes being available to rent for approximately 20 crowns per hour. Customers will be required to download a mobile app to locate the nearest bike, pay for it and use it. Stolen bikes can be tracked thanks to a GPS navigation feature. The company has taken in around $1.3bn since launching in 2014 and currently operates in 200 cities, with plans to expand into Central and Eastern Europe.