http://www.atimes.com/article/ofo-denies-rumours-of-bankruptcy-and-restructuring/
Ofo denies rumours of bankruptcy and restructuring
Major bike-sharing brand claims the rumours are 'nonsense' and the company is progressing normally and orderly
By Asia Times staff November 1, 2018 6:47 AM (UTC+8)
One of China’s major bike-sharing brands, Ofo, has denied rumours the company is preparing for bankruptcy and restructuring, The Paper reported.
According to the rumours, a large broker has already been seconded to complete the bankruptcy restructuring plan.
However, the company said that the news report is seriously inaccurate, and the so-called bankruptcy and restructuring is utter “nonsense.”
Ofo is still operating independently and the business is progressing normally and orderly, the bike-sharing giant claimed.
The company also said that the rumours have seriously damaged the brand and they will immediately resort to legal action.
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http://www.sohu.com/a/272605512_393779
戴威和ofo身陷囹圄：被曝破产重组 小黄车真的没钱烧了？
2018-11-01 14:20 微博 /破产重组 /破产
ofo回应破产重组传闻报道失实将诉诸法律
图片来自CNSPHOTO
31日下午，ofo在官方微博发布一份声明，称此前媒体报道的“ofo开始准备破产重组方案”的说法是无稽之谈，ofo将立刻诉诸法律保护，维护自身合法权益。
今日(31日)早些时候，有媒体报道，从知情人士处获悉，已有一家大型券商中介机构入场做ofo破产重组的方案。根据一份约半年前ofo的负债表，彼时，ofo整体负债为64.96亿元，其中，用户押金为36.50亿元，供应链为10.20亿元。
ofo在声明中表示，以上报道内容严重失实，ofo目前仍在保持独立运营，各项业务推进正常且有序。上述报道严重损害了ofo的品牌和商誉，是恶意抹黑。
ofo称，对该媒体这种不负责任的行为，将立刻向相关司法部门诉诸法律保护，依法维护自身合法权益。
2018年下半年以来，ofo曾多次传出被滴滴收购的消息，但均遭到ofo否认。滴滴方面则称“从未有过收购ofo的意向，也承诺未来将继续支持其独立发展“。
10月22日，ofo将其运营主体公司东峡大通(北京)管理咨询有限公司的法人代表由创始人戴威更改为陈正江，被媒体解读为疑似戴威”让位“。ofo方面当时解释称，此举是为简化办公流程、提升工作效率。并强调，法定代表人的变更仅是ofo内部正常的人事变动，公司的实际控制人仍为戴威，不存在某些媒体所解读的“让位”一说。同时人事变更不会影响公司的任何经营和运营。
另外，此前，ofo已从多个海外市场撤退。据报道，今年 7 月份，ofo 退出了印度，以色列，澳大利亚和德国市场。随后，还被爆出 ofo 美国市场在大批裁员。8月份，援引韩媒消息，有知情人士透露，ofo正准备退出韩国市场，将重心转向国内。
资金危机、投资人的远离、与供应商官司缠身、裁员风波、缩减全球业务、挪用用户押金、内部腐败问题、戴威卸任ofo法定代表人以及破产重组传闻......戴威和ofo身陷囹圄。
共享单车的商业模式一直受到业内以及资本市场质疑的，现在看来，背后没有大资本全力支持的共享单车企业最后都会以惨淡收场告终，这其中也包括ofo。面对摩拜和哈罗的全面进攻，ofo如今想要活下去唯一的出路就是继续烧钱硬拼，但如今种种迹象表明，小黄车已经没钱再烧了。
Dai Wei and ofo are trapped in the shackles: being exposed to bankruptcy restructuring Xiaohuang car really has no money to burn?
2018-11-01 14:20
Weibo
/
Bankruptcy reorganization
/
Bankrupt
Ofo responds to bankruptcy reorganization and rumors that the report will be inaccurate
Image courtesy of CNSPHOTO
On the afternoon of the 31st, ofo issued a statement on the official Weibo, saying that the previous report that “ofo began to prepare for bankruptcy and reorganization plan” was nonsense, and thato would immediately resort to legal protection and safeguard its legitimate rights and interests.
Earlier today (31st), some media reported that people familiar with the matter had learned that a large brokerage intermediary had entered the market to do a bankruptcy reorganization. According to a balance sheet of ofo about six months ago, the total debt of ofo was 6.396 billion yuan, of which the user deposit was 3.65 billion yuan and the supply chain was 1.020 billion yuan.
Ofo said in the statement that the above reports are seriously misrepresented, ofo is still operating independently, and the business is progressing normally and orderly. The above reports have seriously damaged the brand and goodwill of theo, which is maliciously discredited.
Ofo said that the irresponsible behavior of the media will immediately resort to legal protection to the relevant judicial departments and safeguard their legitimate rights and interests in accordance with the law.
Since the second half of 2018, ofo has repeatedly reported that it has been acquired by Didi, but it has been denied by ofo. Didi said that "there has never been the intention to acquire ofo, and promised to continue to support its independent development in the future."
On October 22, ofo changed the legal representative of its operating company Dongxia Datong (Beijing) Management Consulting Co., Ltd. from founder Dai Wei to Chen Zhengjiang, and was interpreted by the media as suspected Dawei “give way”. The ofo explained at the time that the move was to simplify office processes and improve work efficiency. He also stressed that the change of the legal representative is only a normal personnel change within the ofo. The actual controller of the company is still Dai Wei, and there is no "give way" that some media interpret. At the same time, personnel changes will not affect any of the company's operations and operations.
In addition, ofo has previously retreated from multiple overseas markets. According to reports, ino this year, theo exited the Indian, Israeli, Australian and German markets. Subsequently, it was also revealed that theo market was laid off in large numbers. In August, the Korean media was quoted. According to informed sources, ofo is preparing to withdraw from the Korean market and shift its focus to China.
Capital crisis, investor stagnation, stagnation with supplier lawsuits, layoffs, shrinking global business, misappropriation of user deposits, internal corruption issues, Dawei’s outgoing too legal representative and bankruptcy reorganization rumors... Dai Wei and ofo Being trapped.
The business model of shared bicycles has been questioned by the industry and the capital market. It seems that the shared bicycle companies that do not have the full support of big capital will end up with a bleak end, including ofo. In the face of the full-scale attack of Moby and Haro, the only way for ofo to live now is to continue to burn money, but now there are signs that the little yellow car has no money to burn.
Ofo denies rumours of bankruptcy and restructuring
Major bike-sharing brand claims the rumours are 'nonsense' and the company is progressing normally and orderly
By Asia Times staff November 1, 2018 6:47 AM (UTC+8)
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19 hours ago
Ofo denies rumours of bankruptcy and restructuring
Major bike-sharing brand claims the rumours are 'nonsense' and the company is progressing normally and orderly
19 hours ago
More
A resident uses the app of Chinese bike-sharing service ofo on his smartphone to rent a bicycle on the street in Shanghai. Photo: AFP - 0
- 0
One of China’s major bike-sharing brands, Ofo, has denied rumours the company is preparing for bankruptcy and restructuring, The Paper reported.
According to the rumours, a large broker has already been seconded to complete the bankruptcy restructuring plan.
However, the company said that the news report is seriously inaccurate, and the so-called bankruptcy and restructuring is utter “nonsense.”
Ofo is still operating independently and the business is progressing normally and orderly, the bike-sharing giant claimed.
The company also said that the rumours have seriously damaged the brand and they will immediately resort to legal action.
The dailyReport
Must-reads from across Asia - directly to your inbox
http://www.sohu.com/a/272605512_393779
戴威和ofo身陷囹圄：被曝破产重组 小黄车真的没钱烧了？
2018-11-01 14:20 微博 /破产重组 /破产
ofo回应破产重组传闻报道失实将诉诸法律
图片来自CNSPHOTO
31日下午，ofo在官方微博发布一份声明，称此前媒体报道的“ofo开始准备破产重组方案”的说法是无稽之谈，ofo将立刻诉诸法律保护，维护自身合法权益。
今日(31日)早些时候，有媒体报道，从知情人士处获悉，已有一家大型券商中介机构入场做ofo破产重组的方案。根据一份约半年前ofo的负债表，彼时，ofo整体负债为64.96亿元，其中，用户押金为36.50亿元，供应链为10.20亿元。
ofo在声明中表示，以上报道内容严重失实，ofo目前仍在保持独立运营，各项业务推进正常且有序。上述报道严重损害了ofo的品牌和商誉，是恶意抹黑。
ofo称，对该媒体这种不负责任的行为，将立刻向相关司法部门诉诸法律保护，依法维护自身合法权益。
2018年下半年以来，ofo曾多次传出被滴滴收购的消息，但均遭到ofo否认。滴滴方面则称“从未有过收购ofo的意向，也承诺未来将继续支持其独立发展“。
10月22日，ofo将其运营主体公司东峡大通(北京)管理咨询有限公司的法人代表由创始人戴威更改为陈正江，被媒体解读为疑似戴威”让位“。ofo方面当时解释称，此举是为简化办公流程、提升工作效率。并强调，法定代表人的变更仅是ofo内部正常的人事变动，公司的实际控制人仍为戴威，不存在某些媒体所解读的“让位”一说。同时人事变更不会影响公司的任何经营和运营。
另外，此前，ofo已从多个海外市场撤退。据报道，今年 7 月份，ofo 退出了印度，以色列，澳大利亚和德国市场。随后，还被爆出 ofo 美国市场在大批裁员。8月份，援引韩媒消息，有知情人士透露，ofo正准备退出韩国市场，将重心转向国内。
资金危机、投资人的远离、与供应商官司缠身、裁员风波、缩减全球业务、挪用用户押金、内部腐败问题、戴威卸任ofo法定代表人以及破产重组传闻......戴威和ofo身陷囹圄。
共享单车的商业模式一直受到业内以及资本市场质疑的，现在看来，背后没有大资本全力支持的共享单车企业最后都会以惨淡收场告终，这其中也包括ofo。面对摩拜和哈罗的全面进攻，ofo如今想要活下去唯一的出路就是继续烧钱硬拼，但如今种种迹象表明，小黄车已经没钱再烧了。
Dai Wei and ofo are trapped in the shackles: being exposed to bankruptcy restructuring Xiaohuang car really has no money to burn?
2018-11-01 14:20
/
Bankruptcy reorganization
/
Bankrupt
Ofo responds to bankruptcy reorganization and rumors that the report will be inaccurate
Image courtesy of CNSPHOTO
On the afternoon of the 31st, ofo issued a statement on the official Weibo, saying that the previous report that “ofo began to prepare for bankruptcy and reorganization plan” was nonsense, and thato would immediately resort to legal protection and safeguard its legitimate rights and interests.
Earlier today (31st), some media reported that people familiar with the matter had learned that a large brokerage intermediary had entered the market to do a bankruptcy reorganization. According to a balance sheet of ofo about six months ago, the total debt of ofo was 6.396 billion yuan, of which the user deposit was 3.65 billion yuan and the supply chain was 1.020 billion yuan.
Ofo said in the statement that the above reports are seriously misrepresented, ofo is still operating independently, and the business is progressing normally and orderly. The above reports have seriously damaged the brand and goodwill of theo, which is maliciously discredited.
Ofo said that the irresponsible behavior of the media will immediately resort to legal protection to the relevant judicial departments and safeguard their legitimate rights and interests in accordance with the law.
Since the second half of 2018, ofo has repeatedly reported that it has been acquired by Didi, but it has been denied by ofo. Didi said that "there has never been the intention to acquire ofo, and promised to continue to support its independent development in the future."
On October 22, ofo changed the legal representative of its operating company Dongxia Datong (Beijing) Management Consulting Co., Ltd. from founder Dai Wei to Chen Zhengjiang, and was interpreted by the media as suspected Dawei “give way”. The ofo explained at the time that the move was to simplify office processes and improve work efficiency. He also stressed that the change of the legal representative is only a normal personnel change within the ofo. The actual controller of the company is still Dai Wei, and there is no "give way" that some media interpret. At the same time, personnel changes will not affect any of the company's operations and operations.
In addition, ofo has previously retreated from multiple overseas markets. According to reports, ino this year, theo exited the Indian, Israeli, Australian and German markets. Subsequently, it was also revealed that theo market was laid off in large numbers. In August, the Korean media was quoted. According to informed sources, ofo is preparing to withdraw from the Korean market and shift its focus to China.
Capital crisis, investor stagnation, stagnation with supplier lawsuits, layoffs, shrinking global business, misappropriation of user deposits, internal corruption issues, Dawei’s outgoing too legal representative and bankruptcy reorganization rumors... Dai Wei and ofo Being trapped.
The business model of shared bicycles has been questioned by the industry and the capital market. It seems that the shared bicycle companies that do not have the full support of big capital will end up with a bleak end, including ofo. In the face of the full-scale attack of Moby and Haro, the only way for ofo to live now is to continue to burn money, but now there are signs that the little yellow car has no money to burn.
