Dockless Bikeshare Company Quits Atlanta, One Month After Launch
One of Atlanta’s newest dockless bikeshare companies is already calling it quits.
Ofo, which you may know for its yellow bikes, confirmed it is pulling out of the city. That’s just a month after the Chinese company launched here.
Ofo has also ended operations in several countries internationally, including Germany, India and Australia.
“As we continue to bring bikeshare to communities across the globe, ofo has begun to reevaluate markets that present obstacles to new, green transit solutions, and prioritize growth in viable markets that support alternative transportation and allow us to continue to serve our customers,” said Andrew Daley, ofo’s Head of North America, in a statement.
It’s been one of several dockless bike and scooter companies to show up in Atlanta this summer. People can rent them with their smartphones and leave them wherever their trip ends.
The Atlanta City Council is now considering new regulations for the devices, including a cap on how many scooters or bikes a company can provide in the city.