Singapore-based bicycle-sharing operator oBike rode into Hong Kong on Friday with 1,000 bikes ready to go across the suburban New Territories and Lantau Island.
It is the first overseas player to tackle the nascent bike-sharing business in the city, and intensifies local competition as the largest operator in Southeast Asia.
In response, home-grown brand Hoba Bike vowed to increase the number of its shared bikes from 100 to 5,000 in the next three months, while Gobee.bike, the first entrant to...
↧