If anyone has recently been struggling to get into the obike app, you may be aware that the Singapore-based company have folded their UK offices. You can see this former employee’s post from August on their facebook page:
We’ve said it before (check out our previous User's Guide post for a comparison of cost models) – the concept is good, but does the economic model need a review? The answer it seems, is yes.
So what needs to change in order make the vision of dockless bike-sharing a successful reality?