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Chinese bike-sharing company Ofo lays off majority of staff in the US as Ofo insiders say it is scaling back its global operations to focus on China (Biz Carson/Forbes)

Biz Carson / Forbes:
Chinese bike-sharing company Ofo lays off majority of staff in the US as Ofo insiders say it is scaling back its global operations to focus on China  —  Chris Taylor rides an Ofo bike in Seattle, the company's first city in the U.S. Taylor resigned from Ofo two weeks ago.



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