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  • Tactical Boots's Avatar
    11 posts since May '17
    • Originally posted by FireIce:

      A third bicycle sharing company wheeled its way into Singapore

      Just three weeks ago, we reported that Chinese bicycle-sharing start-up oBike quietly made its mark with its fleet of user-friendly bikes that have since expanded from MRT stations and into the neighborhoods (a sign that people are quickly picking up the trend). Now, there’s another new player in the game.

      Chinese company Ofo, which operates mainly in Beijing and Shanghai, has already released about 1,000 of their bikes to neighborhoods like West Coast and Punggol, as well as the CBD. Just like the other two competitor bike-sharing services MoBike (which recently received funding from Singapore state investor Temasek Holdings and hedg funde Hillhouse Capital) and oBike, Ofo's bright yellow single-gear bikes have a lock on the real wheel which you can unlock through an app. Enter the bike’s unique serial number and you'll receive a passcode to enter into the lock. However, unlike oBike, you don't have to pay a deposit before going on a ride using Ofo’s bikes. They even have a super competitive fee of 50 cents per trip, compared to oBikes $1 per half hour. However, the downside is that its user interface doesn't have a map to show you where their bikes are available, something which oBike has already implemented in its app.

      With these three bike-sharing services and Land Transport Authority’s proposed national bike-sharing pilot that’s slated to launch in the fourth quarter, you can soon get from Jurong to Punggol via the city’s park connectors and cycling networks without having to invest in your own bicycle (just your own fitness!). More info on Ofo bikes here.

       

      Was wondering the difference between Ofo and O bikes fees. Good summary. 

  • Queen of sgForums
    驚世駭俗醜不啦嘰 moderatress
    FireIce's Avatar
    263,993 posts since Dec '99
    • Ofo's bike and app updates will improve your next ride experience in Singapore 

      Bike-sharing is taking off in a big way in Singapore, and Ofo is stepping up to meet consumer demands. On this front, they’re introducing a new bike to their stable. 500 of them in fact.

      The Aura 1.0 comes with three speed gears to tackle whatever terrain you feel like taking on, new adjustable handlebars, and an upgraded brake system to help you stop safely. If you’re using the bike to run errands, you’ll appreciate the new aluminium basket and cup holder to keep your hands free. Simply put, it should be a more comfortable ride. The new bike comes with a more secure lock and syncs with the app via Bluetooth to unlock in less than three seconds so you can get riding right away.

      But every bike-sharing app user knows it’s not just about the bike; it’s as much about the app experience itself. After listening to feedback, the app now allows you to locate nearby unused bikes so looking for a ride is easier. You can also map your route thanks to connectivity with Google Maps and be notified of nearby parking zones, so no excuses for chucking the bike just anywhere now.

      In the interest of stopping rampant bike abuse, users will need to make a one-time deposit of $39 upon updating the app, and rides will start at $1 per hour, capped at $2 for the whole journey. That’s still a pretty good deal and plenty worth it if it means everyone gets a good working Ofo bike to ride. You'll be able to get your deposit back in your account after seven working days should you request for a refund

      Got all that? Now you just need to find one of those new bikes to experience all of this for yourself. Ride safe and treat the bike nice. 

      Download Ofo on iOS or Android.


      This story originally appeared on Stuff Singapore, bringing you what's next in the world of tech and gadgets, with a twist.

       

  • EMERGENCY AMBULANCE
    QX179R's Avatar
    81,864 posts since Feb '08
    • New bicycle parking zones at Bedok, Sembawang, City Hall

      SINGAPORE: The Land Transport Authority (LTA) on Friday (Jun 9) announced more bicycle parking zones in places such as  Bedok, Loyang, Sembawang and City Hall.

      In a Facebook post, LTA said the parking zones will provide close to 200 additional bicycle parking spaces.

      In March, it introduced bicycle parking zones to Punggol, Hougang, Paya Lebar, Khatib, Sembawang, Pioneer and Lakeside.

      Following reports of indiscriminate parking of shared bicycles in front of staircases, blocking fire escape routes and corridors, LTA said it is working with bicycle-sharing operators to incentivise users to park responsibly. "Strict enforcement action will be taken against all indiscriminately parked bicycles, so park your bicycles at the designated parking zones!" LTA added.


      Source: CNA/ly

  • Eunice is nice's Avatar
    13 posts since Jun '17
    • The rise of sharing economy – boon or bane in Singapore

      Singapore bought into the sharing economy dream early, but as established industries feel the pressure of new sharing schemes, has the dream become a nightmare?

      By Oliver Ward

      Bike sharing has exploded in popularity across Singapore, but delving deeper down the rabbit hole of a sharing economy opens yet another industry up to the pitfalls and damage that comes with it.

      The new bike sharing scheme has been a hit among commuters. Mobike, ofo and oBike, are being pedalled as the “Uber for bicycles”. The bike sharing scheme certainly shares similarities with the ride sharing goliath. They both offer a user-friendly service at excellent value for money. But they share a more sinister trait. If left unregulated, they both have the ability to destroy established industries.

      The sharing economy grew rapidly in Singapore

      The sharing economy is a ship of titanic proportions, PricewaterhouseCoopers say the industry is worth US$15 billion today and will be worth as much as US$35 billion by 2025. Singapore was an early adopter of the sharing economy, with global giants like Uber. Airbnb and Tripda establishing themselves in Singapore from 2012.

      The rise of Uber has been at the forefront of the transition to a sharing economy in Singapore. They both have their regional headquarters in the city. Car ownership is at an eight-year low, as more and more people opt to use technology to match cars to commuters when needed. The number of rental cars on Singapore’s roads increased by 38% to 24,573 between 2014 and 2015, and reached 36,002 in May of 2016.

      But it was not only international giants which caused the sharing economy explosion in Singapore. Companies like iCarsClub, which was founded in Singapore to rival Uber in 2012, has gone from strength to strength. It allows the 120,000 private car owners using the site to rent out their cars, giving them an income boost, and offering renters a lower cost car rental service.

      iCarsClub raised US$10 million in funding from series A back in 2014 which allowed them to break into the Chinese market. Four months later they raised a further US$60 million from series B. They received a further US$315 million in additional investment from the National Research Foundation in 2015.

      Grab also drove Singapore and ASEAN nation into new economic frontiers. The e-hailing taxi app began in Malaysia in 2012 and by just 2015, the app had been downloaded more than 4.4 million times and was averaging seven bookings a second. By 2016 the app reached 13 million downloads and was valued at US$1.5 billion. Their bookings between 2015 and 2016 grew by more than 5 times according to their annual report.

      Grab’s valuation (US$ billion)

      It has crushed established industries

      The rise of the sharing economy promised shared assets, a reduced carbon footprint and more flexible jobs. But the reality has been quite different.

      More than 1,620 cs now sit idle as companies like Uber and Grab are destroying the local taxi industry. The hotel and hospitality industry is under similar pressures. There are now over 6,000 listings on Airbnb in Singapore, severely encroaching on local hotels’ profits. The first quarter of 2017 has seen revenue per available room continue to drop by 0.8%.

      Year-on-year growth rate of hotel revenue per available room (%)

      Source: SBR

      Protests have taken place across Southeast Asia. Taxi drivers in Jakarta and Taipei protested the introduction of Uber last year.

      Uber has come under fire for exploiting their workers. Their workers are not entitled to a minimum wage or other worker rights. The promised job flexibility has come at the cost of job security.

      Airbnb have been linked with a shortage of affordable housing and the rise of illegal hotels. Former Minister for National Development, Khaw Boon Wan weighed in on the issue of Airbnb in a blog post. He said they were “not a good idea” as neighbours would not want to see their neighbourhood becoming a hotel district.

      Left unchecked, these companies will take Singapore down a road of increased inequality, worker exploitation and putting thousands of jobs at risk. Instead of prosperity, the rise of the sharing economy has only compounded inequality. A select few at the top get richer, while workers have to settle for less rights, less stability and, in many cases, lower pay.

      How can a sharing economy deliver mutual prosperity?

      recent study from BSR Consulting found that government collaboration was essential in creating a sharing economy that works for everyone. They outlined the need for government regulation to create a human-centred approach. This would create stable, fairly-paid jobs with employee benefits and rights.

      Other ASEAN nations are already collaborating to ensure sharing platforms can be of benefit to everyone. The Philippines government and the World Bank collaborated with the ride-sharing app, Grab in 2016 to share the driver GPS information and use it address traffic and congestion issues.

      It is no coincidence that countries like the Philippines, where collaboration is being explored, there is significantly less public resistance than in Taiwan and Indonesia, where the sharing economy remains unregulated.

      Legislation has begun to be passed to curb the negative effects of the sharing economy

      Governmental approaches in Singapore have been more focussed on curbing the disruption, than by forging a mutually beneficial relationship, as seen in the Philippines.

      In February Singapore passed new regulations allowing officials the right to force their way into homes suspected of being rented out illegally. Currently, the Singaporean law forbids landlords from renting out private property for a period of less than six months.

      Between 2013 and 2014 more than 13,000 inspections were carried out but only 24 flat owners were charged with unauthorised subletting. With the new powers this figure should increase dramatically, as officials now have increased powers to inspect and detain those involved. Those found guilty can now be fined up to S$200,000 (US$143,000) and spend up to a year in prison.

      The government also introduced measures to curb ride sharing. Uber and Grab drivers are now required to get a vocational licence or risk being fined. “I know a lot of people will give back their keys, that’s for sure” said Uber driver, Lionel Ong, who is abandoning his part-time job as an Uber driver to find something less demanding.

      What does the future look like for the sharing economy?

      Singapore’s answer to Airbnb, Roomarama, has also gone from strength to strength. They have moved into European and American markets through the acquisition of a French start-up. The sharing economy is still a new phenomenon but it is evidently here to stay.

      Governments are still grappling with legislation aimed at harnessing the new technologies in a way that generates wealth for everyone. The future is bright for a sharing economy. Flexible working hours and a lower carbon footprint offer a promising future, but without regulation, the road which takes us there will be littered with the hollowed-out corpses of established industries.

  • Queen of sgForums
    驚世駭俗醜不啦嘰 moderatress
    FireIce's Avatar
    263,993 posts since Dec '99
  • EMERGENCY AMBULANCE
    QX179R's Avatar
    81,864 posts since Feb '08
    • Mobike announces Mastercard partnership, unveils new bicycle model for Singapore

      SINGAPORE: Bike-sharing company Mobike inked an exclusive partnership with Mastercard on Thursday (Jul 6) to integrate its Masterpass digital payment offering with the former's app. It also unveiled a new bicycle model for Singapore.

      Mobike said in a press release that the integration of Masterpass with the Mobike app will allow riders to make "fast and secure in-app payments".

      It will also "bring tangible insights into the way urban residents travel, and enable local city planners to examine Singapore’s transportation systems and how they can be made smarter and more flexible", it added.

      To celebrate having passed its 100th day of operations in Singapore on Jun 28, the Chinese bike-sharing company also announced all-day free rides for users in Singapore until Jul 31.

      The company said there has been "strong support" for its services so far, with local riders cycling an average of 2.7km using its bicycles. The longest distance cycled in a single trip was 108km, it added.

      On Thursday, the bike-sharing service provider also announced it is introducing a newly designed model to the Singapore market featuring three gears, an adjustable seat "for comfortable riding" and solar-powered headlights. In response to Channel NewsAsia queries, the company clarified that some of these new bikes have already been deployed.

      Source: CNA/mz

  • Queen of sgForums
    驚世駭俗醜不啦嘰 moderatress
    FireIce's Avatar
    263,993 posts since Dec '99
    • Shift gears with Mobike’s latest ride

      Mobike’s come a long way in just 100 days since its launch in Singapore. With a total mileage of 147,000km and working their way to 10,000 bikes locally, it’s definitely a cause for celebration. Just as the Chinese traditionally throw a party on a child’s 100th day, Mobike’s thrown one too to unveil a new bike model and a collaboration with Mastercard. 

      A new bike with gears

      Mobike’s listened to the riders. While it doesn’t look too different, its new features are surely welcome. The new bike features Shimano Nexus 3-speed gears that meet the terrain requirements of Singapore. It’s going to provide a much more comfortable ride, especially when cycling uphill.

      To meet Singapore’s strict safety regulations, the lights are now brighter and redesigned. It’s even solar-powered, no longer battery-operated, so safety is assured.

      And finally, we have a public bike with adjustable seats. No more toe-tipping to reach the pedals, or if you’re really tall, bending down for better balance. 

      Perks Galore

      All Mobike rides are free for the entire month of July, so ride away!

      Mobike’s got plenty more goodies in store as well. To encourage responsible ridership, incentives are given to riders who park bikes in high intensity areas or designated areas. Those who do may enjoy “red packets” in the form of discounts and coupons on subsequent rides. Incorporating the Mobike brand into leisure riding is another vision for the company, and to achieve that, they’ve planted “treasure boxes” for riders to discover and be rewarded. 

      Next stop for MoBike?

      Soon, Mobike users can look forward to in-app payments via Masterpass, Mastercard’s global digital payment platform thanks to their new collaboration. You’re probably thinking, "not another one!", but their tie-in makes a lot of sense.

      The goal is to use one single platform that settles ticketing and payment for all types of commute. Mobike is just a piece of Mastercard’s big idea to link up various forms of transport seamlessly with their Masterpass solution. Hopefully by year’s end, commuters can enjoy using their phones, wearables and a myriad of options to “unlock” travel in the city, paying for public buses, MRTs and bikes with a device of their choice. It’s fast, secure and definitely convenient.

      Their signature orange and grey bikes may not be the easiest to find locally for now, but we were given a glimpse into the serious infrastructure and economies of scale Mobike has under its belt that could truly set itself apart in months to come. From pin-point accurate GPS-tracking that provides crucial data and usage patterns, to unlimited bikes at their disposal and operating in over 130 cities, the leaders of bike-sharing don’t seem to be slowing down any time soon. 


      This story originally appeared on Stuff Singapore, bringing you what's next in the world of tech and gadgets, with a twist.

  • EMERGENCY AMBULANCE
    QX179R's Avatar
    81,864 posts since Feb '08
    • 278 dockless bicycles impounded so far in 2017: LTA

      SINGAPORE: A total of 278 dockless bicycles have been impounded by authorities so far this year, said the Land Transport Authority (LTA) on Thursday (Aug 3).

      In a Facebook post, LTA said its Active Mobility Enforcement Officers (AMEOs) have impounded 212 oBikes, 65 Mobikes, and one ofo bike. In July itself, 70 dockless bikes that were parked indiscriminately and not removed within the notice period were impounded.

      LTA also reminded bike-sharing users to park in designated spaces so that subsequent riders can easily locate the bikes, and to minimise obstruction and inconvenience to path users.

      In April, oBike introduced a points system to penalise users who illegally park and bike hog. Ofo bike also launched a credit system in June after some of its users were arrested for abusing the dockless bicycles.


      Source: CNA/ad

  • Ssingaputra's Avatar
    15 posts since Jul '17
  • Queen of sgForums
    驚世駭俗醜不啦嘰 moderatress
    FireIce's Avatar
    263,993 posts since Dec '99
    • oBike raises US$45M in Series B to catch up with the speeding Mobike and Ofo

       

      Since its launch in Singapore in January this year, oBike has rolled out in Australia, Germany, Malaysia, the Netherlands, Taiwan, Thailand and the UK

      Singapore-based bike-sharing startup oBike has secured US$45 million in Series B investment from a slew of investors investors, including a leading unnamed global transportation platform.

      Grishin Robotics, a VC fund owned by Dmitry Grishin (Co-founder and chairman of Russia’s Mail.Ru Group) and several family offices in Southeast Asia also co-invested in the round.

      The company said in a statement it will use the funds to shift its gears to become a global player.

       “We aim to bring our success story in Singapore to other parts of the world with this round of funding. We hope to empower commuters globally with flexibility, convenience while helping them reduce their carbon footprint at the same time,” oBike Co-founder and CMO Edward Chen said.

      oBike is a station-less smart bike-sharing company that allows commuters to travel during one-way first- and last-mile commuting – via bicycles located all over the island. Since its launch in Singapore in January, the company has rolled out in Australia, Germany, Malaysia, the Netherlands, Taiwan, Thailand and the UK.

      All its bikes are environmentally-friendly.

      The company recently said it would be introducing 1,000 new bicycles to its existing fleet. Dubbed Smart Generation, these bicycles are 5kg lighter than its predecessor. In addition to being lighter, the new bicycles have ergonomic handlebar, enabling a more user-friendly and smoother ride.

      Bike-sharing is fast-becoming a culture of sorts in Southeast Asia, especially in Singapore. And the sector has been attracting massive rounds of funding over the past few months. Majority of the companies operating in Singapore are headquartered in China, including Mobike and Ofo.

      In July. Ofo raised over US$700 million in Series E funding led by Alibaba Group, Hony Capital, and CITIC Private Equity, bringing its total funding raised to date to over US$1 billion. In June, Mobike, another bike-sharing giant raised over US$600 million in a Series E round led by long-time backer Tencent.

       

       

       

      The post oBike raises US$45M in Series B to catch up with the speeding Mobike and Ofoappeared first on e27.

    • Newly-launched bike-sharing company SG Bike aims to target indiscriminate parking

       

      Another bicycle-sharing firm entered the fray on Thursday (Aug 24) as the fourth such company to officially launch here,and with a new way to curb indiscriminate parking of shared bicycles.

      The local entrant, SG Bike, differentiates itself from the competition by having users park around a device called a "geostation".

      The geostation emits a radio-frequency identification (RFID) field that recognises if SG Bike bicycles are parked around them.

      The field's radius ranges from 5m to 25m around each geostation, and the parking zone is marked by a painted yellow box. The range in geostations at Housing Board void decks is 5m.

      If a bicycle is parked outside the zone, it will emit an alarm sound and the user's app will notify them to move the bike into the zone, or else they will face a penalty fee. The Straits Times understands the fee, yet to be decided, will range between $2 and $5.

      It costs $1 to rent a bicycle for 30 minutes, with overtime users charged on a per minute basis. Users who get an SG Bike account can unlock the bicycles with their phones, a card mailed to them, or their own ez-link cards.

       

      The SG Bike geostation emits a radio frequency identification (RFID) field which bike users must park within, or else they will be fined. ST PHOTO: JOSE HONG

       

      Indiscriminate parking of shared bicycles by users has been an issue in recent months after their introduction this year by three bike sharing companies - ofo, oBike and MoBike.

      The two-wheelers, which are typically unlocked using a mobile app and do not have to be returned to fixed docking stations, have also been strewn on footpaths and at the exits of private condominium estates, Land Transport Authority (LTA) officers said in a report in June.

      In July, Senior Minister of State for Transport Lam Pin Min said in Parliament that the bike-sharing companies will have to moderate the growth of bicycles, with a population of between 29,000 and 30,000 then.

      He said that the Government will work with these companies to ensure the population of bicycles is "commensurate with the availability of public parking places".

      "This is to prevent excessive indiscriminate parking, as well as disamenities to the public," he said, noting that LTA had served around 1,000 notices for illegally parked bicycles at the time.

      The operators are given half a day to remove them, after which the bicycles are impounded.

      Dr Lam said that LTA has been coordinating with other government agencies and town councils to "align the approach against indiscriminate parking of shared bicycles".

      As for SG Bike's new bicycle sharing service, it is limited to Holland-Bukit Panjang Town Council for now, and there will be around 300 bicycles and geostations in places such as MRT stations, housing board blocks and bus stops there by the end of the month.

      Mr Khaw Boon Wan, Coordinating Minister for Infrastructure and Minister for Transport, and Dr Teo Ho Pin, Mayor of North West Community Development Council, were the guests of honour at the opening ceremony of the bicycle sharing service at Block 124 Pending Road.

       

      ST

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