Dai Wei
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Dai Wei () is the founder and chief executive officer (CEO) of the Chinese
bike-sharing A bicycle-sharing system, bike share program, public bicycle scheme, or public bike share (PBS) scheme, is a shared transport service where bicycles are available for shared use by individuals at low cost. The programmes themselves include bot ...
company ofo.


Early life and education

In 2009, he studied in the department of finance of
Guanghua School of Management The Guanghua School of Management, Peking University () is the business school of Peking University, a public university in Beijing, China. The school offers undergraduate, master's, and doctoral programs, with a total enrollment of more than 3 ...
in Peking University. After graduating in 2013, he followed the central branch of the mission in Dongxia town, Dantong county, Qinghai province, and worked as a maths teacher for one year. In 2014, he returned to
Peking University Peking University (PKU) is a Public university, public Types of universities and colleges in China#By designated academic emphasis, university in Haidian, Beijing, China. It is affiliated with and funded by the Ministry of Education of the Peop ...
for his master's degree.


Education and career

Wei obtained his MSc of Economics from
Peking University Peking University (PKU) is a Public university, public Types of universities and colleges in China#By designated academic emphasis, university in Haidian, Beijing, China. It is affiliated with and funded by the Ministry of Education of the Peop ...
. In 2014, Wei cofounded bike-sharing startup Ofo, the first dockless sharing bike platform in the world. After raising hundreds of millions of dollars from a list of powerful investors including
Coatue Management Coatue is an American technology-focused investment management firm led by founder and portfolio manager Philippe Laffont. Coatue invests in both public and private markets, with a focus on technology, media, telecommunications, as well as the c ...
, Chinese ride-sharing service Didi Chuxing, and Russian billionaire investor
Yuri Milner Yuri Borisovich (Bentsionovich) Milner (, ; born 11 November 1961) is a Soviet-born Israeli entrepreneur, investor, physicist and scientist. He is a co-founder and former chairperson of internet company Mail.Ru Group (later VK), and a founder ...
, Wei expanded Ofo rapidly across China and worldwide. For the US market, Wei personally hired
Uber Uber Technologies, Inc. is an American multinational transportation company that provides Ridesharing company, ride-hailing services, courier services, food delivery, and freight transport. It is headquartered in San Francisco, California, a ...
spokesperson and Mandarin speaker Chris Taylor to run ofo US operations. In 2017, Wei made the Forbes List of 30 under 30 Asia for Consumer Technology. Lina Feng had joined Wei's senior leadership team in 2018 to manage US and China operations. After rumors of bankruptcy and a potential buyout by
Didi Didi Chuxing Technology Company is a Chinese vehicle for hire company headquartered in Beijing with over 550 million users and tens of millions of drivers. The company provides app-based transportation services, including taxi hailing, private ...
and
Ant Financial Ant Group ( zh, s=蚂蚁集团, p=Mǎyǐ jítuán, t=), formerly known as Ant Financial, is an affiliate company of the Chinese conglomerate Alibaba Group. The group owns the world's largest mobile (digital) payment platform Alipay, which serves ...
, on 22 October 2018, the legal representative of Ofo changed. Chen Zhengjiang replaced Wei becoming the legal representative of Dongxia Datong (Beijing) Management Consultancy Co. Ltd., the operating company of Ofo.


References

{{DEFAULTSORT:Dai, Wei Businesspeople from Anhui Living people 1991 births People from Xuancheng High School Affiliated to Renmin University of China alumni Chinese chief executives 21st-century Chinese businesspeople