Ofo burning money is too fast being exposed to a new round of $1 billion financing

This summer, ofo Xiao Huangche announced the completion of a new round of financing of more than US$700 million. This round of financing was led by Alibaba, Hony Capital and other joint ventures, and Didi Travel is one of the investors. However, ofo's speed of spending seems to be worrying about trips.

Ofo burning money is too fast being exposed to a new round of $1 billion financing

After financing in July, OFO no longer announced new financing options. However, according to informed sources, in fact, in September this year, ofo also conducted a new round of financing. It seems that the authenticity of this situation is indeed very high, there are ofo early investors confirmed that ofo is currently really starting a new round of financing, and the amount of this financing is about 1 billion US dollars.

In July, employees of Didi revealed that ofo is currently preparing for a financing listing. At the same time, there is news that Didi and Softbank will share a stake in Ordo with a value of US$1 billion. At that time, the three parties are discussing the matter. .

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