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 Czech capital has been one of Europe's most popular cycling destinations since its introduction by British cyclist Chris Boardman in 2003.
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.