When I was in Shanghai less than a year ago ofo was giving away so many free rides that I never paid or deposited a single RMB during my entire trip. My co-work

When I was in Shanghai less than a year ago ofo was giving away so many free rides that I never paid or deposited a single RMB during my entire trip. My co-workers who work there said that they don't really pay for ofo either for light usage, they keep getting weekly coupons. So it seems now they've transitioned to burning VC money at least.