58,000 oBikes removed from Singapore public spaces: LTA

The bicycles, which are designated for scrapping, are temporarily stored at holding sites.

Over 58,000 oBikes have already been removed from Singapore’s public spaces, the Land Transport Authority (LTA) said.

This follows a report in August that said 40,000-50,000 oBikes have already been removed from public spaces.

“Some of the bicycles, which were removed by LTA officers are now temporarily stored at holding sites, and are being progressively removed to be scrapped,” an LTA spokesperson said.

The LTA has been working with FTI Consulting to remove oBikes from public spaces. FTI Consulting is oBike’s appointed liquidator for its Singapore exit.

FTI Consulting has also encouraged depositors to submit claims against the bikesharing platform through a website.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia