ofo bikes will rent for $1 an hour in Worcester
ofo has risen to the top of the bike-sharing industry with it’s revolution no-docking strategy. Since every bike is equipped with a GPS monitor and special electronic locking mechanism, they can be picked up and ridden anywhere and anytime.
The billion-dollar company behind the one of the world’s smartest bikes, is poised to launch in Worcester this September.
The company, which is less than four years old, was recently valued at $1 billion and infused with $700 million in funding. That funding is serving as the springboard to launch ofo in the United States.
Worcester will be the second U.S. city to receive a fleet of the iconic sunny-yellow bikes.