
The yellow oBikes are set to leave Melbourne, with the Singaporean company reportedly breaking the news to Melbourne City Council on Tuesday morning. The decision came around two weeks after the Environmental Protection Authority issued new rules and fines around stranded bikes.
But while oBike crashed quickly (less than a year into its operation), this doesn’t mean Melbourne just isn’t cut out for bike sharing schemes. It’s likely that others will survive – as long as they aren’t dockless.