oBike continues expansion in South Korea

TUESDAY, DECEMBER 12, 2017
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oBike, Singapore’s first homegrown station-less smart bikesharing company, launched its services in Suwon City, South Korea, today.

The bike-sharing operator signed a Memorandum of Understanding (MoU) with Suwon City at Suwon Hwaseong Gaenggung Palace Plaza.
oBike plans to initially deploy more than 1,000 bicycles in Suwon City. 
The service will complement the city's recent move to promote bike-sharing as part of its wider commitment to the government’s Green New Deal plan. 
With support from the city government, oBike will work closely to encourage the adoption of cycling as a complementary mode of transportation and improve the cycling infrastructure in the city.
“Suwon City eventually aims to expand its existing 350 kilometre bike route across the city and reduce its greenhouse gas emissions by 40 per cent by 2030, double the national target,” Suwon City mayor, Yeom Tae Young said. 
“We welcome oBike’s launch in Suwon City, and support their vision in making Suwon City more environmentally-conscious and lower our carbon footprint.”
Jin Chao Hui, oBike’s Chief Operating Officer said: “At oBike, we aim to help urban cities become car-lite and environmentally-conscious by providing an accessible first- and last-mile transportation. 
“Even though subways and trains are available in cities like Suwon City, there are still areas which remain inaccessible
“Our service has already launched in other cities, with 5,000 bikes available in various areas, and we are excited to now bring the same ease of mobility to Suwon City.”
oBike was launched in January this year and has since entered 14 other countries, including Taiwan, Malaysia, Australia, Germany, Austria, Spain and Korea. Together, oBike users have collectively travelled a distance of 1,000 kilometres and contributed to more than 20 million tons reduction in carbon dioxide emissions.