Ofo bike sharing

Chinese bike sharing company planning Toronto launch

Dropbike will be getting some serious competition in Toronto if Beijing's Ofo bike-sharing service has anything to do with it.

Billing itself as "the world's first and largest station-free bike sharing platform," Ofo has already raised more than $1.3 billion in venture capital and is available now in more than 180 major cities across the world.

Like Dropbike, the Chinese company offers dockless bicycle rentals – you just pick up a registered, bright yellow bike where you find it and go, for as little as $1 an hour.

Unlike Dropbike, it's not available in Canada just yet.

In a news article published today, however, Ofo's head of communications for North America let it slip that his company is keen.

"Ofo is also preparing to offer its by-the hour rental service in Canada," reads the Reuters article about Ofo's expansion into Mexico, "with Toronto as its top choice."

If the success of Toronto's own Bike Share program is any indication, Ofo won't be the last dockless transportation service we see sniffing around The 6ix.

Lead photo by

Ofo/Twitter


Join the conversation Load comments

Latest in City

Drake Hotel in Toronto reveals breathtaking new expansion with a loft room for 8 people

Toronto street finally gets the separated bike lanes it so desperately needed

This is how Ontario is reducing road test wait times amid huge backlog caused by COVID-19

Toronto woman scoops raccoon up and away from traffic during harrowing rescue

Toronto police dismantle violent street gang and seize firearms and drugs

These Toronto-themed pumpkins are sure to get you in the Halloween spirit

People in Toronto are going all out with their Halloween decorations this year

5 new office space options in Toronto for when you're tired of working from home