The sharing economy has brought significant improvements to many industries by revolutionizing the way businesses are carried out. At the fore front of the sharing economy is the rideshare behemoth, Uber. With the goal to make global transportation as seamless as running water, Uber found a way to connect riders with drivers who want to use their car as a means of transporting people. Uber’s business model has since been introduced into various businesses like logistics, delivery, and restaurants to name a few.
Ridesharing is gaining strides globally and not only with cars. To ensure seamless transportation, bikes, trucks, and even rickshaws are being used to simplify transportation. In densely populated countries like India and China, bikes and rickshaws are being used to decongest roads and reduce carbon footprints. In China, bike sharing startups like Mobike, Ofo and Bluegogo are seeking to improve the country’s transportation system. To learn how bike sharing works, we will shed more light on the Beijing startup, ofo bikeshare service.
More About ofo Bikeshare service
Officially launched in 2015 as a bikeshare service, Ofo was founded in 2014 as a service that was focused on bicycle tourism. After the official launch in Beijing, the service gathered momentum as a bikeshare service with over 20,000 users. In 2016, the service spread to other cities in China. After an influx of funds from China’s rideshare giant Didi Chuxing and the tech firm, Xiaomi, the service spread outside of China in 2017. Now, Ofo has operations in Singapore, U.S, the United Kingdom, and Sydney in Australia.
How ofo works
- Download the ofo mobile app on iOS and Android
- Register your information and
- Enter your payment method and you are ready to go
Getting a bike
- Use the map function in the app to find nearby available bicycles.
- Once you reach an available bike, scan the QR code on the license plate or enter the plate number manually into the app to unlock it then you can begin your ride.
- Once you finish your trip, park the bike in an appropriate location, make sure you lock it then end the trip in-app.
How much does the service cost?
Rides in ofo’s network cost $1/ph. To pay for your trip, you can use electronic payment cards, paypal or even pay with cash. These options vary by location. You can use the in-app wallet feature which allows you add a payment method.
Once you unlock an ofo bike, be aware that the ride meter automatically activates and starts’ running until the ride is completed in app. You can rent the bike for as long as you wish.
Once a ride is completed, users can park the bicycle “outside of the pedestrian right of way that complies with local laws and does not obstruct traffic” or the company’s “identified ‘Preferred Parking Zones’ (PPZ) for ofo users. In the event that a PPZ is unavailable, you can park at any public bicycle rack.”
What this means for users
Bike sharing is a great way to reduce the number of cars on the road especially in cities that are densely populated. It will not only reduce traffic congestion but make the roads safer and the environment cleaner. Now you can get to those appointments on time without fear of getting held up in traffic.
To learn more about ofo bikeshare, go here