Macau (MNA) – Ofo, the Chinese start-up focused on bike-sharing services, has applied for trademark protection in Macau, the local official gazette announced in its latest issue on Wednesday.
Ofo allows sharing bicycles through a mobile app. The company applied for intellectual property protection for the brand across a range of services that are core to its business.
The Chinese firm is in the middle of a strategic expansion action after having raised funds from investors such as Alibaba’s Jack Ma and Chinese car hailing giant Didi Chuxing.
Ofo operates more than 10 million bikes in 170 cities in nine countries. The company says it generates 25 million daily transactions through its platform.
However, the bike sharing app services are considered illegal in Macau, the Transport Bureau (DSAT) told Macau News Agency (MNA) today.
