Bike-sharing companies have been competing fiercely for market share, and some have been losing money in the process. In a number of German cities, the dockless rental bicycles provided by Singapore-based Obike are proving especially problematic. Scattered around the sidewalks of various major cities, they’re often in the way of pedestrian traffic and they’re frequent targets of vandalism.
The company’s managers have promised to remove all or at least some of the bikes in several cities. But so far, not much has happened to fulfill the company’s promises, according to Munich’s municipal cycling coordinator, Florian Paul.
“That’s a big irritation. We’ve been trying for weeks and months to reach someone at Obike who will look aft…
Read the full article at: https://www.dw.com/en/insolvent-bike-sharer-obike-abandons-bicycles-throughout-europe/a-44634636
