The Road Ahead for Bike-Sharing Company Ofo

The video discusses the rapid expansion of bike sharing in the US, aiming to reach 100 cities by the end of 2018. It highlights operational challenges, such as managing bike supply and minimizing negative impacts like vandalism. The speaker draws parallels between bike sharing and ride sharing trends, emphasizing a shift towards multimodal transportation. The video also addresses market competition, noting that increased bike availability can expand the market size.

What was the planned expansion goal for bike-sharing services in the US by the end of 2018?

• 200 cities

• 100 cities

• 150 cities

• 50 cities

What is one of the main operational challenges mentioned for managing dockless bikes?

• Limited bike availability

• High maintenance costs

• Lack of consumer interest

• Vandalism and bikes being knocked down

How does the speaker suggest bike-sharing can benefit society?

• By increasing car sales

• By reducing congestion and emissions

• By promoting public transport

• By decreasing walking distances

What transportation trend does the speaker compare bike-sharing to?

• Carpooling

• Public bus systems

• Early ride-sharing

• Electric scooters

What is the expected trend in the bike-sharing market as more users adopt this mode of transport?

• Expansion of the market

• Stagnation in market size

• Decrease in bike numbers

• Reduction in competition