oBike launches global business partnership programme

oBike launches global business partnership programme

2018 – The oBike

Cape Town – oBike, Singapore’s first homegrown smart station-less bike sharing operator, announced that it has hit a major milestone of 10 million trips globally.

To cope with the demand, oBike launched a franchise-like programme known as the Global Business Partnership Programme (GBPP), inviting interested parties to manage its on-ground operations and maintenance works as business partners.

Based on a revenue-share model, GBPP was established with the objective of harnessing the networks and resources of local businesses to better optimise oBike operations through timely deployment as well as redeployment and maintenance of the bikes. In return, these partners enjoy the support of oBike’s technology, backend systems and product support.

Since starting operations a year ago, oBike has grown to a presence in over 60 cities across 20 countries. Through GBPP, oBike hopes to create a more sustainable and scalable business model, while boosting business and employment opportunities in the respective countries and communities it operates in, it said in a statement. According to Edward Chen, co-founder of oBike, it was founded with the mission of harnessing technology to create a greener way of commuting in urban cities.

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2018-10-22T12:00:09+00:00 Oct 22nd, 2018|2019 Case Study, Entrepreneurship, Environments, Recources, Syllabus Topics|