oBike expands into ten new countries

Dockless bike sharing platform oBike is launching in ten further countries across Europe as part of its growth plans in the region.

oBike 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, Switzerland in Europe.

Adapting 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 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

oBike will start rolling out in the countries’ main cities as soon as today and throughout the rest of the month. The company has committed to partnering with community projects, local bike shops, and employing local logistics partners to ensure that oBike’s product becomes embedded in the countries’ ecosystems.

Co-founder oBike Edward Chen said: “The dock-less bike sharing market is growing at a fast pace, and I am delighted that we are rapidly growing with it. We only started in our first country of operations, Singapore, in January this year. Now 11 months further we will be operating in over 40 cities across 24 countries, having invested in our bikes, technology, and operational standards

“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. I am pleased to enter these new ten countries, which will all benefit from the oBike model in different ways.”

Chen continued: “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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