Private investment firm DST Global has reportedly led a US$450 million Series D round for China-based bike-sharing company Ofo. CITIC Private Equity Funds Management, ride-hailing app operator Didi Chuxing, alternative asset manager Coatue Management, venture capital firms Atomico and Matrix Partners and China-based conglomerate Macrolink Group also participated in the round. Ofo was launched in 2014 and provides over one million bikes across 40 cities in China, Singapore, the United Kingdom and the United States.