The money-burning war in the bike-sharing sector has officially come to an end.

After two 90 days, the investor Zhu Xiaohu had predicted the end of the bike-sharing war moment finally came - 31 late at night, once incompatible ofo and Mobay jointly announced that after a long period of communication with investors and management unanimous approval, the two forerunners in the bike-sharing industry, Mobay and ofo decided to Merger, the former founder of Mobay bicycle Hu Weiwei as president of the merged company, fully responsible for the operation.

Officials also announced a permanent free policy to serve users who are used to free riding and continue to attract new users to continue this great public service. This also confirms the will of Hu Weiwei, the former founder of Mobike, who expressed in his speech earlier, "Failure, take it as public welfare."

Like many Internet companies that implement free policies, such as 360 and Wi-Fi Master Key, bike sharing has also found its point of profit - advertising. app open screen ads are fully online, and each time before unlocking a new car, you need to watch a ten-second video advertisement, and at a later stage, the length of the advertisement will be adjusted according to the company's profitability. The length of the advertisement will be adjusted according to the profitability of the company.

Ofo and Mobay also said, will be held in May to choose the haze day "around the second ring of Beijing" bike race, the top three will be free to use the two brands of bicycles for life. The second echelon of the small blue bike, cool ride and ride chant bike-sharing companies said, "will not follow this self-destructive behavior", will continue to fight to the end.