Ofo shut down in many U.S. cities. Here’s what happens with all those bicycles.

The bright yellow Ofo bicycles came into our country fast and furious last August, but after barely a year in the United States, the app-enabled bike share company announced it was downsizing its presence in more than 30 U.S. cities down to a handful.

But its 40,000 bicycles won't go to waste. Already about 3,000 of its traditional pedal bikes will be donated to organizations in 10 different cities, and more cities will donate bicycles in the coming weeks.

"We want to make sure the bikes stay in the community and go to people who can use them," Ofo spokesperson Tom Sarris said. "They’re not going to the scrap pile." Read more...