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SINGAPORE – The work to remove bikes from public bikes has already begun, according to the chairman of the beleaguered bike-sharing business.
million. Shi Yi, founding investor and chairman of oBike, said that several companies have already been He however reiterated that the company might not be able to clear all of its bikes from here on Wednesday (4 July) . oBike, which started operations in Singapore in January of last year, has about 70,000 bikes here.
"Due to the extent of oBike's operation and capacity restrictions, we're going to" The LTA said Tuesday that it would consider extending the deadline if oBike demonstrated its commitment to the "complete and fast" removal of his bicycles.
doing so, the LTA would begin c The Straits Times understands that various agencies such as the LTA, the city councils and the National Parks Board are monitoring the situation to see if oBike will be able to apprehend the bicycles on Thursday. remove a significant number of bicycles, as well as whether it is progressing in areas such as user refunds and data protection.
The sudden shutdown of the company on June 25 leaves users wondering if they could get a refund of their deposits Mr. Shi told The Straits Times newspaper on Monday that oBike owes its users about $ 6.3 million in deposits.
Separately, the ST reported Wednesday that
However, the payment of these amounts is subject to the decision of the liquidator, said Mr. Shi.
"We will do our best in the interest of our fellow citizens," he said, adding the official announcement of the appointment of a liquidator would be made Thursday. 19659002] Mr. Shi also stated that the statements made to Channel NewsAsia suggesting oBike would not be able to reimburse users of their deposits if additional fees were imposed upon him "error," stating that oBike staff had responded on his behalf to the media.
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