Chinese bike-sharing startup Ofo announced that it’s pulling out of St. Louis, among other U.S. markets.
Ofo only recently began operating in the city, renting out its dockless bikes starting May 10. The company said on Tuesday that it will move operations out of the city within the week and lay off several U.S.-based staff by Friday.
The company has recently pulled out of Chicago and Washington as well, citing restrictive city regulations. An Ofo spokesman said the company is scaling back some operations to prioritize other successful markets.
The St. Louis exit by Ofo comes as other mobility startups have shown interest in the city. Bike-sharing startup LimeBike debuted there in April. Scooter-sharing service Bird briefly introduced its scooters in the city last week before pulling them from the streets over permitting concerns. Bird said it planned to bring its scooters back as soon as this week.
Ofo is partnering with St. Louis BWorks to donate around 400 bikes to area kids.
Read more: St. Louis Post-Dispatch