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oBike stops operations in Singapore

EunoiaJAYCEE

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oBike stops operations in Singapore, cites difficulties meeting new LTA regulations

obike-hdb-block.jpg

File photo of oBikes parked at a bike rack in an HDB block. (Photo: Elizabeth Khor)
25 Jun 2018 11:41AM (Updated: 25 Jun 2018 12:43PM)
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SINGAPORE: Bicycle sharing service oBike will stop operations in Singapore from Monday (Jun 25) because of difficulties in meeting the new requirements put in place by the Land Transport Authority (LTA) to tackle indiscriminate parking.
"oBike is announcing its decision to cease operation in Singapore as a result of difficulties foreseen to be experienced to fulfil the new requirements and guidelines released by LTA towards dock-less bicycle sharing in Singapore," the company said.

oBike added that it strongly believes and is committed to provide dock-less bicycle sharing service that would benefit users’ commuting and Singapore’s transportation system, but regrets that "the new regulation measures do not favour this belief of ours".
The ceasing of oBike's operation is limited only to Singapore, and does not apply to its services in other countries.

image: https://www.channelnewsasia.com/ima...b8a2bf9f63f6fe79264ea/Bk/obike-screengrab.png
obike-screengrab.png
A screengrab taken on Monday (Jun 25) of the oBike announcement on the app. (Photo: Aqil Haziq Mahmud)

Users who still wish to use oBike services in Singapore can continue to do so with GrabCycle, said oBike. Users are advised to contact GrabCycle directly for further enquiries regarding the respective oBike services, it added.

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All oBike users who currently possess an oBike Super VIP membership will still be able to use oBike services in all other operating countries except for Singapore, said oBike.
The company also expressed its "sincerest appreciation to more than 1 million users" in Singapore that have supported its services since it was launched in January last year.
The LTA has set a Jul 7 deadline for bike-sharing firms to submit applications for a licence to operate in public places or cease operations.
Those who submit them will have their applications evaluated and licence awarded by September.
The move followed the passage in May of the Parking Places (Amendment) Bill, a piece of legislation that was aimed at tackling the indiscriminate parking of shared bicycles.

The licensing framework requires operators to ensure that shared bike users scan the unique QR code at the parking location as proof of proper parking before they can end their trip. Users who park indiscriminately will continue to be charged, until they return the bicycles to a designated parking space.
oBike's announcement comes just days after it confirmed to Channel NewsAsia that it would submit an application for a licence before the LTA deadline despite an expected "financial strain" on its current business model.
Four other bike-sharing firms - Mobike, ofo, SG Bike and Anywheel - also plan to meet the deadline.
Source: CNA/ng
Read more at https://www.channelnewsasia.com/new...ngapore-difficulties-lta-regulations-10466736
 
This is wat happens when management tink that IT application can do all their work and thinking for em. This is also happening in our Govt Service and Stats Board all on Auto Pilot, just flip to page .... and follow wat was written 20yrs ago, NO Brains needed
 
People are so lazy these days.

In future, there will be a paid service to hold your cock while u pee!

There is already this service performed by the RC volunteers, you go ask that "john". When the ministars or anybody important come, the RC members, will hold their kukucheow when they pee & for the woman, they will spread open the 'abalone' gently & when finish, spray clean service using the water spray found in the toilets. ha ha ha ha ha.

If you pay, you get premium service...cannot describe here.
 
What cannot meet LTA obligations, give me a break. The real reason is very straight forward - it just couldn't keep up with the cash burning momentum driven by ofo and mobike.

Singapore is the only city where it has a commanding presence, all other overseas cities are either in trial phase or struggling to stay relevant. If they don't come up with a credible story to keep investors interested, the funding is going to dry up real fast and it's either fold up or fire sale to a larger competitor.
 
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