An Exclusive Insider Account On Why ofo Left M’sia And So Many Other Markets
A person with insider knowledge regarding ofo's operations approached us to provide some details regarding their closure in so many markets.
Browsing: bike sharing
Bike-Sharing Firm Ofo Facing Cashflow Issues – Rumoured To Be Acquired By Didi For US$3 Billion
Didi restarted the acquisition talk earlier this month, and it is reportedly coming back with a lower price for every negotiation.
Ofo Singapore Users Complain Of Unauthorised Transactions – One Was Charged $100 “For No Reason”
On both online forum Reddit and ofo's Facebook page, users have posted complaints of errant charges found in their bank accounts.
Only 5 Out Of 8 Bike-Sharing Firms Remain In S’pore – How Many Will Finish The Race?
Out of the remaining 5 bike-sharing operators, Anywheel, Mobike, ofo and SG Bike have submitted their applications to LTA to obtain their two-year license.
Following oBike Saga, Mobike Removes $49 Deposit Policy For Existing And New Users In S’pore
Bike-sharing operator Mobike waives its $49 deposit policy for its existing and new Singapore-registered users.
oBike Users Fail To Get $49 Deposit Refunds Following Its S’pore Exit – LTA Directs Matter To CASE
The bike-sharing company has neither apologised nor addressed how they will deal with users' deposits and the remaining oBike bicycles still on the road.
End Of The Ride: oBike Ceases Operation In S’pore, Cites Difficulties With LTA Regulations
According to oBike, the sudden decision to terminate is due to difficulties to fulfil the new requirements released by Land Transport Authority.
It’s Payback Time – Logistics Partner To Sell 9,000 Ofo Bikes At $50 Because The Firm Failed To Pay Them
ofo responded saying that the sale is actually a move made by their freight forwarding partner in Singapore over a commercial dispute.
oBike Blames “Technical Lapse” For SVIP Conversion Issue – Reportedly Delaying Refunds Since February
oBike claims that this issue was caused by a "technical lapse" in their system due to the global push of their SVIP membership.
Attention oBike Users – Your $49 Deposit May Have Been “Secretly Converted” Into A SVIP Subscription
oBike has been "secretly converting" the deposits in users' idle accounts into its 1095-day Super VIP (SVIP) Membership subscription.
New LTA Regulations Will Pressure Bike-Sharing Companies To Be Stricter With Rogue Users
With QR code-based geofencing solution, LTA pressures bike-sharing firms in Singapore to be stricter with users to tackle indiscriminate parking problems.
Merge Or Remain Rivals? Prospect Of New Funding Adds Further Uncertainty To Ofo-Mobike Fight
With the prospect of new financing for Mobike, the long-rumoured merger between Ofo and Mobike may not happen anytime soon.
