Ofo founder Dai Wei went to the United States to open a store, but the deposit issue was not resolved

According to news on May 17, ofo founder Dai Wei recently opened a coffee shop in the United States and received support from some large venture capital companies in China, with a valuation of US$200 million.

According to ITBEAR technology information, Dai Wei’s coffee shop is called about Time Coffee, specializing in iced bubble milk tea. It has opened five chain stores in the United States and has attracted financial support from some large venture capital companies in China.

Dai Wei is a post-90s entrepreneur who graduated from Peking University Guanghua School of Management. In 2014, he co-founded ofo bike sharing with Peking University alumni and became a 26-year-old business elite worth billions. He was also listed among the "China's 40 Business Elites Under 40" in the Chinese version of Fortune. "List.

#In the tide of the sharing economy, ofo once had a glorious moment. Since June 2015, ofo's small yellow cars have connected more than 250 cities in 20 countries around the world, providing more than 200 million users with more than 4 billion travel services.

However, ofo fell into a capital chain crisis at the end of 2018, facing problems such as selling out, layoffs, reduction of overseas business, arrears with supplier payments, and difficulty in refunding user deposits. At present, about 16 million users have not received refunds of their deposits from ofo, and the total deposits have exceeded 1.5 billion yuan. At the same time, ofo's time period for deposit refunds has also been extended, triggering reactions from users.

Although the news that Dai Wei opened a coffee shop in the United States has received widespread attention, netizens are more concerned about how to solve the ofo deposit problem. Netizens have called on Dai Wei to return the deposit, hoping that ofo can properly handle this issue.

Dai Wei’s new venture project in the United States about Time Coffee has a valuation of US$200 million, attracting the attention and support of many investment companies. about Time Coffee has won the favor of many customers with its unique taste and preferential policies of iced pearl coffee. The coffee shop uses a mobile app to process orders and payments, and offers personalized discounts and coupons by collecting customer data.

According to reports, about Time Coffee has opened several chain stores in different areas of New York City in the United States and plans to continue to expand. The brand became popular on TikTok and has become popular among young consumers.

Dai Wei’s entrepreneurial actions have attracted public attention and discussion, and many netizens called on him on social media to solve the ofo deposit issue. Many users are disappointed because ofo's deposit issue remains unresolved, despite Dai Wei's new venture being valued at $200 million.

For Dai Wei, how to solve the deposit problem of ofo and regain the trust of users is a major challenge that needs to be faced and solved on his entrepreneurial journey.

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