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.