Its safe to say that bike-sharing companies in Australia havent had the smoothest ride over the past 12 months.
From unhappy local councils, to Melbournes former Lord Mayor declaring their bikes clutter, and users across the country gleefully dumping bikes in rivers, up trees, and on top of buildings, companies such as oBike and Ofo have found themselves at the back of the peloton.
Recently oBike, the most prominent (or infamous) of this new raft of bike-sharing startups announced it would be pulling its bikes out of Melbourne. The announcement follows a crackdown by the Environment Protection Authority (EPA), which would have seen oBike pay fines of up to $3,000 if a discarded oBike blocked a street for more than two hours.
The…
Read the full article at: https://www.smartcompany.com.au/industries/transport-logistics/obike-pulls-out-of-melbourne-and-enters-liquidation-in-singapore-why-hasnt-bike-sharing-kicked-off-in-australia/