oBike to roll out bike sharing model in 10 more countries | Fin24
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oBike to roll out bike sharing model in 10 more countries

Nov 13 2017 18:29

Cape Town - Smart dock-less bike sharing platform oBike is is launching in ten further countries across Europe as part of its growth plans in the region.
oBike, which provides an alternative technology-driven mode of transportation, will launch in the following ten countries throughout November: Czech Republic, Greece, Finland, France, Hungary, Italy, Norway, Poland, Portugal, and Sweden. oBike is currently already operating in Austria, Belgium, Germany, The Netherlands, Spain, UK and Switzerland in Europe.
Adopting the business model to fit these European markets, the new ten countries have been carefully selected based on their existing cycling landscape. The on-the-ground country managers all have engaged with the authorities, and will go in with great street teams to manage the fleets.
The roll out of oBike in these countries will all be in a pilot-testing format through a phased approach, where the oBike fleet will grow with the demand of the user.
Edward Chen, co-founder oBike, said the dock-less bike sharing market is growing at a fast pace. The company only started in its first country of operations, Singapore, in January 2017.

"There is a huge demand worldwide for the dock-less bike sharing model as it is a viable and eco-friendly alternative mode of transportation, promoting shared ownership of bicycles across all of society," said Chen.
“We are committed to work closely with all the authorities in our countries of operations to manage fleets, parking issues, and overcome further challenges - as we also continue to innovate our technology and product offering, evolving with the demand of the market.”

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