What happened when a Tsinghua University student sued ofo for 400 yuan in compensation? What is the specific situation?

What happened when a Tsinghua University student sued ofo for 400 yuan in compensation? What is the specific situation? Tsinghua University student sued ofo for 99 yuan deposit but ended up paying 400 yuan

Not long ago, in order to seek an explanation from the "Obama", Xiao Sun, a 21-year-old Tsinghua University student, filed a lawsuit against Beijing Bikelock Technology Co., Ltd., the operator of the Obama bike.

June 10, 2017

Xiao Sun registered as an ofo shared bike user

Paid a deposit of 99 yuan

In 2019, Xiao Sun applied for a deposit refund on the "ofo" APP, but the money has never been received.

In May 2020, when Xiao Sun logged into the "ofo shared bicycle" APP again, he noticed that the "Registration/Login" page of the APP provided the entrance to the "User Service Agreement" format contract in small yellow print, and mentioned the "Dispute Resolution Clause" in small print. He could log in without making any check or click.

The Agreement is updated on May 31, 2019, and stipulates that any dispute arising out of or in connection with this Agreement shall be submitted to the China International Economic and Trade Arbitration Commission for arbitration in accordance with the arbitration rules in force at the time of application for arbitration. The arbitration shall be conducted in Beijing and the arbitration award shall be final and binding on both parties.