Ofo bike sharing has failed in the USA.

https://www.businesstimes.com.sg/transport/china-bike-sharing-giant-ofo-to-close-most-us-operations-after-less-than-a-year-wsj

As expected, the bike sharing business has failed in the USA.  Please read our previous postings on this flawed business concept.

http://sg-stock.blogspot.com/2018/06/another-bike-sharing-company-obike-has.html

http://sg-stock.blogspot.com/2018/02/chinese-bike-sharing-firm-has-gone.html

http://sg-stock.blogspot.com/2018/07/sharebikesg-shuts-down-in-singapore.html

http://sg-stock.blogspot.com/2018/06/bike-sharing-business-concept-is-not.html