{"id":34439,"date":"2016-10-10T12:08:56","date_gmt":"2016-10-10T04:08:56","guid":{"rendered":"http:\/\/www.chinamoneynetwork.com\/?p=56233"},"modified":"2016-10-10T12:08:56","modified_gmt":"2016-10-10T04:08:56","slug":"didi-backed-ofo-secures-130m-series-c-as-bike-sharing-battle-leads-to-predictable-ending","status":"publish","type":"post","link":"https:\/\/www.chinalegalblog.com\/en\/2016\/10\/10\/didi-backed-ofo-secures-130m-series-c-as-bike-sharing-battle-leads-to-predictable-ending\/","title":{"rendered":"Didi-Backed ofo Secures $130M Series C As Bike-Sharing Battle Leads To Predictable Ending"},"content":{"rendered":"<img width=\"560\" height=\"374\" src=\"http:\/\/www.chinamoneynetwork.com\/wp-content\/uploads\/bike-4-1.jpg\" class=\"attachment-large size-large wp-post-image\" alt=\"bike-4\" style=\"display: block; margin: auto; margin-bottom: 5px;\" srcset=\"http:\/\/www.chinamoneynetwork.com\/wp-content\/uploads\/bike-4-1.jpg 560w, http:\/\/www.chinamoneynetwork.com\/wp-content\/uploads\/bike-4-1-300x200.jpg 300w\" sizes=\"(max-width: 560px) 100vw, 560px\" \/>A week after bike sharing firm Mobike announced an over US$100 million fundraising, Beijing-based rival ofo said it had secured US$130 million series C financing round led by CITIC Private Equity. The drama seems all too familiar: Two companies engaged in competitive fundraising, while trying to outbid each other on the speed of securing market [&#8230;]<p><br>Visit <a href=\"http:\/\/www.chinamoneynetwork.com\/\" title=\"China Money Network\"><b>ChinaMoneyNetwork.com<\/b><\/a> for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter <a href=\"http:\/\/www.twitter.com\/chinamoneypod\" title=\"Follow China Money Network on Twitter\">@chinamoneypod<\/a> subscribe to all episodes on <a href=\"http:\/\/www.itunes.com\/podcast?id=451002399\" title=\"Download and listen to China Money Podcast on iTunes\">iTunes<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"560\" height=\"374\" src=\"http:\/\/www.chinamoneynetwork.com\/wp-content\/uploads\/bike-4-1.jpg\" alt=\"bike-4\">A week after bike sharing firm Mobike announced an over US$100 million fundraising, Beijing-based rival ofo said it had secured US$130 million series C financing round led by CITIC Private Equity. The drama seems all too familiar: Two companies engaged in competitive fundraising, while trying to outbid each other on the speed of securing market [&hellip;]<\/p>\n<p>Visit <a href=\"http:\/\/www.chinamoneynetwork.com\/\" title=\"China Money Network\"><b>ChinaMoneyNetwork.com<\/b><\/a> for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter <a href=\"http:\/\/www.twitter.com\/chinamoneypod\" title=\"Follow China Money Network on Twitter\">@chinamoneypod<\/a> subscribe to all episodes on <a href=\"http:\/\/www.itunes.com\/podcast?id=451002399\" title=\"Download and listen to China Money Podcast on iTunes\">iTunes<\/a>.<\/p>\n","protected":false},"author":151,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[807,194,1623],"tags":[8839,7593],"class_list":["post-34439","post","type-post","status-publish","format-standard","hentry","category-investments","category-news-chinese-law","category-venture-capital","tag-bike-sharing","tag-fund-news"],"_links":{"self":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts\/34439","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/users\/151"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/comments?post=34439"}],"version-history":[{"count":2,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts\/34439\/revisions"}],"predecessor-version":[{"id":34447,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts\/34439\/revisions\/34447"}],"wp:attachment":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/media?parent=34439"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/categories?post=34439"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/tags?post=34439"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}