OBike

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oBike was a Singapore-registered stationless bicycle-sharing system started by businessmen Yi Shi and Edward Chen with operations in several countries. The bikes have a built-in Bluetooth lock and can therefore be left anywhere at the end of a journey, not just at a docking station. Users use a smartphone app to locate and rent bikes. It launched in Singapore in February 2017, and ceased operation on 25 June 2018 in Singapore. Subsequently, the parent company filed for insolvency in its home market. The effect on operations outside of Singapore is unknown. The firm had expanded to 24 countries including Australia, Korea, Malaysia, Thailand, Taiwan, Austria, Belgium, France, Germany, Italy, the Netherlands, Portugal, Sweden, Switzerland, the United Kingdom. The bicycles were single speed with a plastic chainguard, short mudguards on both wheels, front and rear rim brakes, and dynamo electric lights. To make use of the system, the user had to download the oBike application, register and pay a deposit. The App was used to rent and return the bicycles and users were charged by 15 or 30 minutes, with payment charged to their Credit/Debit card.