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Economy

Ofo Xiaohuang Che Daiwei sells coffee, and netizens are angry: Pay back!

2023-05-18   

Recently, the topic "It is expected that 16 million people will not receive refunds of their OFO deposits" has sparked heated discussions on internet platforms. It is reported that the founder of OFO Xiaohuangche, Dai Wei, started a business selling coffee in the United States and has attracted investment from multiple domestic investment companies. Dewey has 40 consumption restrictions under its domestic name. According to relevant legal sources, users can, in accordance with domestic laws, require shareholders to bear the company's outstanding debts if specific conditions are met. If the company is undergoing bankruptcy proceedings, users need to declare their claims in accordance with the relevant provisions of the bankruptcy law. The topic of "expected 16 million people without refunds of deposits" has exceeded 1.3 million internet views, and many netizens have expressed anger under this topic and called for "repayment" and "refund" of small yellow cars. Recently, the news that the founder of OFO Little Yellow Car, Dai Wei, founded a coffee shop brand called About Time Coffee in the United States spread widely, evoking many netizens' 'dead memories'. Previously, due to its novel and convenient "sharing" mode, OFO Xiaohuang Car attracted many users, who had to pay a deposit of 199 yuan to use Xiaohuang Car. Subsequently, due to a series of reasons, the once popular Little Yellow Car struggled to maintain its operations, and the refund of deposit became "difficult to produce". At present, both the app and WeChat mini program of ofo Xiaohuangche have become invalid, and the Shanghai Securities News reporter was unable to connect by calling the official website and customer service hotline. According to industry insiders' calculations, currently, OFO Xiaohuang Car still has at least 16 million outstanding deposits, which is undoubtedly an astronomical number for the poorly managed Xiaohuang Car. Obtaining multiple rounds of VC investment in the United States Although Dewey has been controversial in China, Dewey's entrepreneurial journey in the United States has received support from multiple investment companies. According to foreign media reports, About Time Coffee brand coffee shops have opened five chain stores in bustling locations in the United States. Currently, the brand has raised over $10 million from investors, with a valuation of $40 million. Its investors come from top domestic venture capital companies such as IDG Capital, Zhenge Fund, and Beijing Weiheng Capital. According to foreign media reports from the same source, Dai Wei did not participate in the daily operation of About Time Coffee, but he helped establish an operation team and arranged meetings between the team and investors. According to the Tianyancha website, there are currently 40 consumption restrictions under the name of Dai Wei. Starting from August 31, 2018, until February 28 of this year. Among them, the latest consumption restriction order was issued by the Haidian District People's Court of Beijing. The Haidian District People's Court of Beijing has imposed restrictions on some high consumption and non essential consumption behaviors of Beijing Baikelock Technology Co., Ltd. and its legal representative Dai Wei. When taking transportation, it is not allowed to choose a cabin above second class on airplanes, trains, or ships. At the same time, the Haidian District People's Court of Beijing has proposed that Beijing Baikelock Technology Co., Ltd. (legal representative, main person in charge, and direct liability affecting debt performance)

Edit:Hou Wenzhe Responsible editor:WeiZe

Source:Shanghai Securities Dairy

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