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Old 18-04-2017, 11:19 AM   #1
millenium
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Default Will ofo succeed or fail in a year?

I refer to the new islandwide bike rental company. I saw one abandoned in a park for a week already. I think it is hard to succeed here as people do not like to cycle ( they prefer motorised bike), weather is too hot or it rains, people here are not civil minded.

Another question is so our government are encouraging more bicycles on the roads?
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Old 18-04-2017, 11:27 AM   #2
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people here are not civil minded.
That's the problem! Too many beh zi tong idiots! Take supermarket trolleys for example, why do they need to STEAL and than DUMP elsewhere? Now, this rental bicycle faces the same dumping fate due to these Irresponsible IDIOTS!

The law shd change and penalize such ppl. Some ppl here in SG needs to be trained like how animals are trained!
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Old 18-04-2017, 11:42 AM   #3
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That's the problem! Too many beh zi tong idiots! Take supermarket trolleys for example, why do they need to STEAL and than DUMP elsewhere? Now, this rental bicycle faces the same dumping fate due to these Irresponsible IDIOTS!

The law shd change and penalize such ppl. Some ppl here in SG needs to be trained like how animals are trained!
Most laws here are not adequately enforced.
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Old 18-04-2017, 12:06 PM   #4
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Pessimistic likely to fail
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Old 18-04-2017, 01:36 PM   #5
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Whose money in this initiative?
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Old 18-04-2017, 01:43 PM   #6
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Whose money in this initiative?
Thinks might be partially funded by Govt.

Within 3 months, 3 new Smart Bike company surfaced.......see which one folds first.
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Old 18-04-2017, 01:46 PM   #7
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There you have it.

OPM, fail nvm.

As usual garmen kenna makan.
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Old 18-04-2017, 02:19 PM   #8
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These companies are eyeing their riders' deposits.........
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Old 18-04-2017, 03:07 PM   #9
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Quote:
Originally Posted by millenium View Post
I refer to the new islandwide bike rental company. I saw one abandoned in a park for a week already. I think it is hard to succeed here as people do not like to cycle ( they prefer motorised bike), weather is too hot or it rains, people here are not civil minded.

Another question is so our government are encouraging more bicycles on the roads?
it depends a lot on the take up rate for these "bike rentals" and how they can change the mindset of the consumers to utilize these bikes instead of public transport. Here, weather is not ideal for bicycle travel point-to-point, and our public transport is relatively efficient. If you have to travel like 1-2km or maybe even up to 5km to your next destination, you won't walk or ride a bike, usually you will take a bus or MRT (assuming no cars or taxi).

In Shanghai, I have seen these bike population and take up rate explode in the past 2 years. You can now see them everywhere and there are many people using them, as the rates for some bikes can be RMB 0.50 (about 10cts sgd) for 30 mins, and the public transport not as efficient.

Of course, the money making is not in the bike rental itself, but in the deposits that people pay upfront and the folks behind the scenes using these funds to invest or drive other more profitable businesses
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Old 18-04-2017, 04:12 PM   #10
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I think this initiative is private. Gov did want to invest and start it, only to realised there are already companies (or is it 1 company) doing it already.

Kind of expected. Do they have fresh ideas? Are they the first? Too many red tapes and whatnots, by the time they are ready to tender and implement, someone else already at it.
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