The time-honored 120-year bicycle brand in China, Phoenix, is going to start its cooperation with Ofo, a new sharing bicycle company, and play a role in broadening the overseas market for Ofo.
The manufacturer declared in its 120-year anniversary celebration on Monday that in the following years, Phoenix, Shanghai, would provide at least 5,000,000 bicycles for Ofo, which will be thrown in Beijing, Shanghai and several nearby cities.
In order to meet the overseas demands, Phoenix plans to manufacture different kinds of bicycle for Ofo and will print the trademark of Phoenix on the yellow bikes.
