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OFO has raised USD450 million in Series D funding
2017-03-01
On Wednesday, Beijing-based Ofo announced that it has received $450 million from a consortium led by a Moscow-based investment firm DST Global. China's car-hailing giant Didi Chuxing was also convinced by the start-up to join its Series D fundraising.
Upon the completion of the Series D fundraising, Ofo's market valuation would reportedly reach $1 billion.
