Ofo Co-Founder Sees Bubbles in Bike-Sharing Market

The video discusses the cooperation with Ant Financial, highlighting their expertise in mobile payment services, credit systems, and big data. The aim is to leverage this partnership to expand the bike-sharing business globally and within China. The video outlines the company's 2017 expansion goals and addresses the competitive landscape, noting the presence of market bubbles. It also discusses the regulatory environment in China and emphasizes the importance of maintaining good relations with the government for sustainable growth.

What expertise does Ant Financial bring to the bike-sharing collaboration?

• Logistics and supply chain management

• Marketing and advertising

• Mobile payment services and big data

• Manufacturing and production

What is the company's target for expansion in 2017?

• Enter 30 countries and 300 cities in China

• Enter 20 countries and 200 cities in China

• Enter 10 countries and 100 cities in China

• Enter 40 countries and 400 cities in China

What is one of the main reasons for the potential bubble in the bike-sharing market?

• Limited customer base

• High production costs

• Excessive competition and investment

• Lack of interest from investors

What is considered the biggest threat to the company's success?

• Government regulations

• Technological failures

• Customer dissatisfaction

• Economic downturn

How does the company view its relationship with the government?

• As a necessary partnership for long-term success

• As a hindrance to business operations

• As an opportunity for increased control

• As a minor consideration in their strategy